Kuantum Papers standalone net profit declines 15.18% in the March 2016 quarter

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Sales rise 2.02% to Rs 139.17 crore
Net profit of Kuantum Papers declined 15.18% to Rs 8.66 crore in the quarter ended March 2016 as against Rs 10.21 crore during the previous quarter ended March 2015. Sales rose 2.02% to Rs 139.17 crore in the quarter ended March 2016 as against Rs 136.42 crore during the previous quarter ended March 2015.For the full year,net profit declined 2.08% to Rs 24.52 crore in the year ended March 2016 as against Rs 25.04 crore during the previous year ended March 2015. Sales rose 5.35% to Rs 524.37 crore in the year ended March 2016 as against Rs 497.74 crore during the previous year ended March 2015.
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First Published: May 26 2016 | 6:09 PM IST