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Polyplex Corporation standalone net profit declines 59.52% in the March 2017 quarter

Capital Market 

Sales rise 5.65% to Rs 244.35 crore

Net profit of Corporation declined 59.52% to Rs 4.21 crore in the quarter ended March 2017 as against Rs 10.40 crore during the previous quarter ended March 2016. Sales rose 5.65% to Rs 244.35 crore in the quarter ended March 2017 as against Rs 231.29 crore during the previous quarter ended March 2016.

For the full year,net profit rose 35.03% to Rs 36.39 crore in the year ended March 2017 as against Rs 26.95 crore during the previous year ended March 2016. Sales declined 2.31% to Rs 945.91 crore in the year ended March 2017 as against Rs 968.28 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales244.35231.29 6 945.91968.28 -2 OPM %7.0111.54 -8.329.24 - PBDT18.3827.75 -34 102.1199.57 3 PBT3.6311.16 -67 43.8034.92 25 NP4.2110.40 -60 36.3926.95 35

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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