Danlaw Technologies turns black in Q4

30 May 2018 Evaluate

Danlaw Technologies has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported a net profit of Rs 0.34 crore for the quarter ended March 31, 2018 as compared to net loss of Rs 3.06 crore for the same quarter in the previous year. Total income of the company increased by 94.84% at Rs 7.17 crore for quarter under review as compared to Rs 3.68 crore for the quarter ended March 31, 2017.

On consolidated basis, the company has reported a net profit of  Rs 0.40 crore for the quarter ended March 31, 2018 as compared to net loss of Rs 2.97 crore for the corresponding quarter in the FY17. Total consolidated income of the company increased by 85.89% at Rs 7.51 crore for quarter under review as compared to Rs 4.04 crore for the same quarter ended previous year.

For the year ended March 31, 2018, the company has posted a net profit of Rs 1.12 crore as compared to net loss of Rs 1.96 crore for the previous year. Total income of company increased by 50.40% at Rs 18.92 crore for the year under review as compared to Rs 12.58 crore for the year ended March 31, 2017.

For the year ended March 31, 2018, on the consolidated basis, the company has posted a net profit of Rs 1.44 crore as compared to net loss of Rs 1.57 crore for the same period in the previous year. However, total income of company increased by 43.94% at Rs 20.31 crore for the year under review as compared to Rs 14.11 crore for the year ended March 31, 2017.

Danlaw Technology Share Price

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