Fineotex Chemical standalone net profit declines 57.48% in the March 2018 quarter

Sales rise 20.10% to Rs 24.26 crore

Net profit of Fineotex Chemical declined 57.48% to Rs 3.58 crore in the quarter ended March 2018 as against Rs 8.42 crore during the previous quarter ended March 2017. Sales rose 20.10% to Rs 24.26 crore in the quarter ended March 2018 as against Rs 20.20 crore during the previous quarter ended March 2017.

For the full year,net profit rose 0.76% to Rs 21.28 crore in the year ended March 2018 as against Rs 21.12 crore during the previous year ended March 2017. Sales rose 20.63% to Rs 90.06 crore in the year ended March 2018 as against Rs 74.66 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales24.2620.20 20 90.0674.66 21 OPM %24.6127.72 -26.1824.82 - PBDT6.5810.04 -34 30.7428.37 8 PBT6.419.87 -35 30.1427.78 8 NP3.588.42 -57 21.2821.12 1

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