Indo Borax & Chemicals standalone net profit rises 51.98% in the March 2016 quarter

Sales rise 39.85% to Rs 24.11 crore

Net profit of Indo Borax & Chemicals rose 51.98% to Rs 3.45 crore in the quarter ended March 2016 as against Rs 2.27 crore during the previous quarter ended March 2015. Sales rose 39.85% to Rs 24.11 crore in the quarter ended March 2016 as against Rs 17.24 crore during the previous quarter ended March 2015.

For the full year,net profit declined 26.25% to Rs 9.16 crore in the year ended March 2016 as against Rs 12.42 crore during the previous year ended March 2015. Sales declined 9.97% to Rs 65.37 crore in the year ended March 2016 as against Rs 72.61 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales24.1117.24 40 65.3772.61 -10 OPM %21.4415.84 -18.1921.35 - PBDT5.683.61 57 14.7719.40 -24 PBT5.253.31 59 13.5318.25 -26 NP3.452.27 52 9.1612.42 -26

Powered by Capital Market - Live News