Hitech Plast standalone net profit rises 67.16% in the March 2016 quarter

Sales rise 38.69% to Rs 82.73 crore

Net profit of Hitech Plast rose 67.16% to Rs 1.12 crore in the quarter ended March 2016 as against Rs 0.67 crore during the previous quarter ended March 2015. Sales rose 38.69% to Rs 82.73 crore in the quarter ended March 2016 as against Rs 59.65 crore during the previous quarter ended March 2015.

For the full year,net profit rose 97.76% to Rs 14.12 crore in the year ended March 2016 as against Rs 7.14 crore during the previous year ended March 2015. Sales rose 32.88% to Rs 390.70 crore in the year ended March 2016 as against Rs 294.03 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales82.7359.65 39 390.70294.03 33 OPM %9.488.58 -11.6510.45 - PBDT6.053.06 98 35.8418.63 92 PBT2.120.22 864 20.259.74 108 NP1.120.67 67 14.127.14 98

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