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Vinyl Chemicals (I) standalone net profit declines 14.73% in the March 2017 quarter

Capital Market 

Sales decline 19.16% to Rs 70.23 crore

Net profit of Vinyl Chemicals (I) declined 14.73% to Rs 3.53 crore in the quarter ended March 2017 as against Rs 4.14 crore during the previous quarter ended March 2016. Sales declined 19.16% to Rs 70.23 crore in the quarter ended March 2017 as against Rs 86.87 crore during the previous quarter ended March 2016.

For the full year,net profit rose 9.14% to Rs 8.72 crore in the year ended March 2017 as against Rs 7.99 crore during the previous year ended March 2016. Sales declined 13.10% to Rs 282.68 crore in the year ended March 2017 as against Rs 325.31 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales70.2386.87 -19 282.68325.31 -13 OPM %0.870.39 --0.27-0.23 - PBDT5.436.49 -16 13.4312.29 9 PBT5.436.49 -16 13.4312.29 9 NP3.534.14 -15 8.727.99 9

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

First Published: Thu, May 18 2017. 15:56 IST
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