CIL Nova Petrochemicals standalone net profit rises 585.29% in the March 2015 quarter

Sales decline 25.50% to Rs 62.76 crore

Net profit of CIL Nova Petrochemicals rose 585.29% to Rs 2.33 crore in the quarter ended March 2015 as against Rs 0.34 crore during the previous quarter ended March 2014. Sales declined 25.50% to Rs 62.76 crore in the quarter ended March 2015 as against Rs 84.24 crore during the previous quarter ended March 2014.

For the full year,net profit rose 38.62% to Rs 4.02 crore in the year ended March 2015 as against Rs 2.90 crore during the previous year ended March 2014. Sales declined 23.33% to Rs 243.01 crore in the year ended March 2015 as against Rs 316.97 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales62.7684.24 -25 243.01316.97 -23 OPM %10.804.53 -7.015.37 - PBDT5.512.47 123 11.7111.03 6 PBT2.960.63 370 5.093.87 32 NP2.330.34 585 4.022.90 39

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