Orient press standalone net profit rises 150% in the March 2019 quarter

2019-06-07

Jun. 7, 2019 -Orient Refractories reports standalone sales rise 4.77% to Rs 56.18 crore in the quarter ended March 2019.

Net profit of Orient Refractories rose 150% to Rs 0.60 crore in the quarter ended March 2019 as against Rs 0.24 crore during the previous quarter ended March 2018. Sales rose 4.77% to Rs 56.18 crore in the quarter ended March 2019 as against Rs 53.62 crore during the previous quarter ended March 2018.

For the full year,net profit declined 73.46% to Rs 0.99 crore in the year ended March 2019 as against Rs 3.73 crore during the previous year ended March 2018. Sales declined 0.96% to Rs 223.94 crore in the year ended March 2019 as against Rs 226.12 crore during the previous year ended March 2018.