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Garnet Construction Ltd Financial Statements

Profit and Loss

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Y/e 31 Mar ( In .Cr) Mar-2019 Mar-2018 Mar-2017 Mar-2016
Revenue 7.30 5.82 14.20 46.30
yoy growth (%) 25.40 (59) (69) 61.90
Raw materials -- -- (0.10) --
As % of sales -- -- 0.74 --
Employee costs (2.10) (1) (0.60) (1)
As % of sales 28.10 17.70 4.54 2.10
Other costs (4) (1.40) (10) (40)
As % of sales 54.60 24.20 72.80 85.40
Operating profit 1.26 3.38 3.12 5.78
OPM 17.30 58.10 21.90 12.50
Depreciation (0.50) (0.60) (0.60) (1)
Interest expense (0.40) (1.50) (1.70) (2.40)
Other income 0.81 0.17 0.07 0.48
Profit before tax 1.16 1.45 0.88 2.89
Taxes (0.30) (0.20) (0.60) (0.80)
Tax rate (30) (17) (63) (26)
Minorities and other -- -- -- 0.02
Adj. profit 0.81 1.20 0.32 2.15
Exceptional items -- -- -- --
Net profit 0.81 1.20 0.33 2.15
yoy growth (%) (33) 264 (85) 227
NPM 11.10 20.70 2.33 4.66

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