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Sarla Performance Fibers standalone net profit rises 167.04% in the March 2019 quarter

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Capital Market

Sales rise 20.79% to Rs 82.91 crore

Net profit of Sarla Performance Fibers rose 167.04% to Rs 9.56 crore in the quarter ended March 2019 as against Rs 3.58 crore during the previous quarter ended March 2018. Sales rose 20.79% to Rs 82.91 crore in the quarter ended March 2019 as against Rs 68.64 crore during the previous quarter ended March 2018.

For the full year,net profit declined 26.73% to Rs 29.50 crore in the year ended March 2019 as against Rs 40.26 crore during the previous year ended March 2018. Sales rose 14.41% to Rs 316.32 crore in the year ended March 2019 as against Rs 276.47 crore during the previous year ended March 2018.

 
ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales82.9168.64 21 316.32276.47 14 OPM %18.2615.38 -14.6119.11 - PBDT16.3811.59 41 56.8072.48 -22 PBT12.418.68 43 42.3259.31 -29 NP9.563.58 167 29.5040.26 -27

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First Published: May 24 2019 | 3:48 PM IST

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