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Kintech Renewables standalone net profit declines 58.33% in the March 2018 quarter

Kintech Renewables standalone net profit declines 58.33% in the March 2018 quarter

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Sales reported at Rs 0.29 crore

Net profit of Kintech Renewables declined 58.33% to Rs 0.05 crore in the quarter ended March 2018 as against Rs 0.12 crore during the previous quarter ended March 2017. Sales remain constant at Rs 0.29 crore in the quarter ended March 2018 and also during the previous quarter ended March 2017.

For the full year,net profit declined 41.94% to Rs 0.18 crore in the year ended March 2018 as against Rs 0.31 crore during the previous year ended March 2017. Sales rose 63.04% to Rs 0.75 crore in the year ended March 2018 as against Rs 0.46 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales0.290.29 0 0.750.46 63 OPM %3.4527.59 –5.3330.43 – PBDT0.070.15 -53 0.250.44 -43 PBT0.070.15 -53 0.250.44 -43 NP0.050.12 -58 0.180.31 -42

Source: business-standard
Anand Gupta Editor - EQ Int'l Media Network

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