AVI Polymers reports standalone net profit of Rs 0.44 crore in the March 2017 quarter

Sales decline 64.17% to Rs 0.43 crore

Net profit of AVI Polymers reported to Rs 0.44 crore in the quarter ended March 2017 as against net loss of Rs 0.04 crore during the previous quarter ended March 2016. Sales declined 64.17% to Rs 0.43 crore in the quarter ended March 2017 as against Rs 1.20 crore during the previous quarter ended March 2016.

For the full year,net profit rose 4600.00% to Rs 0.47 crore in the year ended March 2017 as against Rs 0.01 crore during the previous year ended March 2016. Sales declined 71.26% to Rs 1.19 crore in the year ended March 2017 as against Rs 4.14 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.431.20 -64 1.194.14 -71 OPM %-4.65-3.33 -0.840.24 - PBDT-0.02-0.04 50 0.010.01 0 PBT-0.02-0.04 50 0.010.01 0 NP0.44-0.04 LP 0.470.01 4600

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