Flexituff International consolidated net profit declines 78.11% in the March 2016 quarter

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Sales rise 10.70% to Rs 361.29 crore
Net profit of Flexituff International declined 78.11% to Rs 1.09 crore in the quarter ended March 2016 as against Rs 4.98 crore during the previous quarter ended March 2015. Sales rose 10.70% to Rs 361.29 crore in the quarter ended March 2016 as against Rs 326.36 crore during the previous quarter ended March 2015.For the full year,net profit declined 74.36% to Rs 4.82 crore in the year ended March 2016 as against Rs 18.80 crore during the previous year ended March 2015. Sales rose 11.62% to Rs 1305.40 crore in the year ended March 2016 as against Rs 1169.53 crore during the previous year ended March 2015.
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First Published: May 21 2016 | 9:25 AM IST