Jindal Poly Films consolidated net profit declines 89.50% in the March 2017 quarter

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Sales rise 4.21% to Rs 1875.49 crore
Net profit of Jindal Poly Films declined 89.50% to Rs 9.63 crore in the quarter ended March 2017 as against Rs 91.69 crore during the previous quarter ended March 2016. Sales rose 4.21% to Rs 1875.49 crore in the quarter ended March 2017 as against Rs 1799.70 crore during the previous quarter ended March 2016.For the full year,net profit declined 39.58% to Rs 275.37 crore in the year ended March 2017 as against Rs 455.78 crore during the previous year ended March 2016. Sales declined 2.88% to Rs 7017.07 crore in the year ended March 2017 as against Rs 7224.80 crore during the previous year ended March 2016.
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First Published: May 26 2017 | 4:05 PM IST