Kintech Renewables standalone net profit declines 60.00% in the March 2019 quarter
36
0
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
Related posts:
- Siemens and Gamesa to merge wind businesses to create a leading wind power player
- 8point3 Energy Partners Enter Into Agreement to Acquire 49 Percent Stake in 102-MW Henrietta Solar Project
- Tata Power’s arm raises Rs 500 crore on private placement basis
- ‘India is the first country where AIIB has committed over $1-b of financing’
tags:
Kintech Renewables