Pearl Global Industries has reported results for first quarter ended June 30, 2017.
The company has reported 33.51% fall in its net profit after taxes, minority interest and share of profit/(loss) of associates at Rs 3.79 crore for the quarter under review as compared to Rs 5.70 crore for the same quarter in the previous year. However, the total income from operations of the company increased by 6.05% at Rs 220.56 crore for Q1FY18 as compared Rs 207.97 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 2.53% fall in its net profit after taxes, minority interest and share of profit/(loss) of associates at Rs 13.87 crore for the quarter ended June 30, 2017 as compared to Rs 14.23 crore for the corresponding quarter in the FY17. However, total consolidated income from operations of the company increased by 6.48% at Rs 405.48 crore for quarter under review as compared to Rs 380.82 crore for the same quarter in the previous year.
