Indag Rubber standalone net profit declines 19.41% in the March 2016 quarter

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Sales decline 15.46% to Rs 55.57 crore
Net profit of Indag Rubber declined 19.41% to Rs 7.64 crore in the quarter ended March 2016 as against Rs 9.48 crore during the previous quarter ended March 2015. Sales declined 15.46% to Rs 55.57 crore in the quarter ended March 2016 as against Rs 65.73 crore during the previous quarter ended March 2015.For the full year,net profit declined 1.90% to Rs 31.97 crore in the year ended March 2016 as against Rs 32.59 crore during the previous year ended March 2015. Sales rose 4.51% to Rs 252.80 crore in the year ended March 2016 as against Rs 241.89 crore during the previous year ended March 2015.
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First Published: Apr 16 2016 | 3:43 PM IST