Total revenue in FY2018-19 rose to Rs.11.30 Crore as against Rs.1.05 Crore in the year-ago period at L. P. Naval And Engineering

Company : Manas Properties Ltd

Surat headquartered L. P. Naval And Engineering Ltd stated net profit of Rs.1 Crore for the year that ended on 31st March 2019 against net loss of Rs.1.13 Crore in the previous year.

The company engaged in the business of ship building and heavy engineering and services earned Rs.95.98 Lakh PAT in the second half of Fiscal Year 2018-19 whereas last year it was at loss of Rs.49.86 Lakh.

Reportedly, total annual PBT rose to Rs.1.23 Crore as compared to the loss of Rs.1.12 Crore in the year-ago fiscal. In HY31.3.2019, PBT was Rs.1.14 Crore against loss of Rs.49.18 Lakh is the previous fiscal year.

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