For the quarter, sales from the building product segment stood at Rs 188.95 crore down by 4% YoY basis and accounted for 79% of sales. PBIT from the same was down by 37% to Rs 18.78 crore and accounted for 78% of total. PBIT margin stood at 9.9% vis a vis 15.5% for Dec 17 quarter.

For the quarter, sales from the synthetic blended yarn Segment stood at Rs 50.98 crore, up by 14% YoY and accounted for 21% of sales. PBIT from the same was up by more than 95% to Rs 5.32 crore and accounted for 22% of total. PBIT margin stood at 10.4% vis a vis 6.1% for Dec 17 quarter.

Performance for the 9 months ended Dec 18

Net sales for the 9 ended Dec 18 of the company stood at Rs 836.66 crore up by 11% YoY. OPM stood at 13.1%, down by 210 bps, down by 4% YoY to Rs 109.41 crore. Other income stood at Rs 10.25 crore up by 186% YoY. Thus, PBIDT was up by 1% to Rs 119.66 crore. With interest costs being up by 14% to Rs 14.63 crore and depreciation was lower by 1% to Rs 26.06 crore, PBT was flat at Rs 78.97 crore. With total tax of Rs 25.61 crore, down by 7% YoY, PAT for the 9 months ended Dec 18 stood at Rs 53.36 crore, up by 4% YoY.

For the 9 months, sales from the building product segment stood at Rs 675.84 crore up by 8% YoY and accounted for 81% of sales. PBIT from the same was down by 9% to Rs 92.98 crore and accounted for 84% of total. PBIT margin stood at 13.8%.

For the 9 months, sales from the synthetic blended yarn Segment stood at Rs 160.81 crore, up by 29% YoY and accounted for 19% of sales. PBIT from the same was up by 280% to Rs 17.14 crore and accounted for 16% of total. PBIT margin stood at 10.7%.