Net loss of Goldstone Technologies reported to Rs 1.35 crore in the quarter ended March 2019 as against net profit of Rs 0.97 crore during the previous quarter ended March 2018. Sales rose 17.09% to Rs 11.17 crore in the quarter ended March 2019 as against Rs 9.54 crore during the previous quarter ended March 2018.

For the full year,net loss reported to Rs 0.88 crore in the year ended March 2019 as against net profit of Rs 1.52 crore during the previous year ended March 2018. Sales rose 16.68% to Rs 41.55 crore in the year ended March 2019 as against Rs 35.61 crore during the previous year ended March 2018.

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The board of Goldstone Technologies at its meeting held on 23 May 2019 has approved the following -

Resignation of Ch.Sudhakar Reddy (DIN:02191226) as ManagingDirector and Director of the Company w.e.f. 22May, 2019, on account ofcertain personal reasons.

Appointment of Pavan Chavali (DIN: 08432078) as Additional Directorof the Company w.e.f 23 May, 2019.

Appointment of Pavan Chavali (DIN: 08432078) as Whole-TimeDirector (KMP) of the Company for a period of 2 (Two) years w.e.f 23May, 2019.

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Goldstone Technologies will hold a meeting of the Board of Directors of the Company on 23 May 2019.

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Net profit of Goldstone Technologies declined 29.41% to Rs 0.12 crore in the quarter ended December 2018 as against Rs 0.17 crore during the previous quarter ended December 2017. Sales rose 12.68% to Rs 9.33 crore in the quarter ended December 2018 as against Rs 8.28 crore during the previous quarter ended December 2017.

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