Fenoplast standalone net profit declines 70.69% in the March 2016 quarter

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Sales decline 5.19% to Rs 55.17 crore
Net profit of Fenoplast declined 70.69% to Rs 0.17 crore in the quarter ended March 2016 as against Rs 0.58 crore during the previous quarter ended March 2015. Sales declined 5.19% to Rs 55.17 crore in the quarter ended March 2016 as against Rs 58.19 crore during the previous quarter ended March 2015.For the full year,net profit declined 65.17% to Rs 0.62 crore in the year ended March 2016 as against Rs 1.78 crore during the previous year ended March 2015. Sales declined 5.56% to Rs 223.11 crore in the year ended March 2016 as against Rs 236.25 crore during the previous year ended March 2015.
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First Published: Jun 01 2016 | 8:58 AM IST