CIL Nova Petrochemicals standalone net profit declines 25.49% in the March 2018 quarter

Sales decline 10.19% to Rs 63.31 crore

Net profit of CIL Nova Petrochemicals declined 25.49% to Rs 0.38 crore in the quarter ended March 2018 as against Rs 0.51 crore during the previous quarter ended March 2017. Sales declined 10.19% to Rs 63.31 crore in the quarter ended March 2018 as against Rs 70.49 crore during the previous quarter ended March 2017.

For the full year,net profit declined 74.30% to Rs 1.28 crore in the year ended March 2018 as against Rs 4.98 crore during the previous year ended March 2017. Sales rose 9.92% to Rs 243.66 crore in the year ended March 2018 as against Rs 221.68 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales63.3170.49 -10 243.66221.68 10 OPM %3.324.48 -3.456.41 - PBDT1.812.86 -37 6.7912.32 -45 PBT0.511.32 -61 1.646.93 -76 NP0.380.51 -25 1.284.98 -74

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