I G Petrochemicals standalone net profit declines 2.92% in the March 2016 quarter

Image
Capital Market
Last Updated : May 23 2016 | 5:13 PM IST

Sales decline 23.04% to Rs 213.37 crore

Net profit of I G Petrochemicals declined 2.92% to Rs 11.98 crore in the quarter ended March 2016 as against Rs 12.34 crore during the previous quarter ended March 2015. Sales declined 23.04% to Rs 213.37 crore in the quarter ended March 2016 as against Rs 277.23 crore during the previous quarter ended March 2015.

For the full year,net profit rose 578.20% to Rs 60.36 crore in the year ended March 2016 as against Rs 8.90 crore during the previous year ended March 2015. Sales declined 20.06% to Rs 947.60 crore in the year ended March 2016 as against Rs 1185.38 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales213.37277.23 -23 947.601185.38 -20 OPM %10.9017.03 -11.966.77 - PBDT19.8339.54 -50 94.2548.76 93 PBT15.2035.81 -58 76.7132.37 137 NP11.9812.34 -3 60.368.90 578

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 23 2016 | 4:53 PM IST

Next Story