Home Business & Finance Kintech Renewables standalone net profit declines 60.00% in the March 2019 quarter
Kintech Renewables standalone net profit declines 60.00% in the March 2019 quarter

Kintech Renewables standalone net profit declines 60.00% in the March 2019 quarter

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Sales rise 127.59% to Rs 0.66 crore

Net profit of Kintech Renewables declined 60.00% to Rs 0.02 crore in the quarter ended March 2019 as against Rs 0.05 crore during the previous quarter ended March 2018. Sales rose 127.59% to Rs 0.66 crore in the quarter ended March 2019 as against Rs 0.29 crore during the previous quarter ended March 2018.

For the full year,net profit declined 16.67% to Rs 0.15 crore in the year ended March 2019 as against Rs 0.18 crore during the previous year ended March 2018. Sales rose 28.00% to Rs 0.96 crore in the year ended March 2019 as against Rs 0.75 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales0.660.29 128 0.960.75 28 OPM %4.553.45 -2.08-5.33 – PBDT0.030.07 -57 0.200.25 -20PBT0.030.07 -57 0.200.25 -20 NP0.020.05 -60 0.150.18 -17
Source: Capital Markets

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Anand Gupta Editor - EQ Int'l Media Network