Hindustan Adhesives standalone net profit rises 100.00% in the March 2016 quarter

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Sales decline 0.86% to Rs 17.24 crore
Net profit of Hindustan Adhesives rose 100.00% to Rs 0.16 crore in the quarter ended March 2016 as against Rs 0.08 crore during the previous quarter ended March 2015. Sales declined 0.86% to Rs 17.24 crore in the quarter ended March 2016 as against Rs 17.39 crore during the previous quarter ended March 2015.For the full year,net profit rose 35.67% to Rs 2.13 crore in the year ended March 2016 as against Rs 1.57 crore during the previous year ended March 2015. Sales declined 9.40% to Rs 69.13 crore in the year ended March 2016 as against Rs 76.30 crore during the previous year ended March 2015.
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First Published: Jun 03 2016 | 12:49 PM IST