Manali Petrochemicals standalone net profit declines 45.44% in the March 2020 quarter

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Sales rise 11.41% to Rs 182.51 crore
Net profit of Manali Petrochemicals declined 45.44% to Rs 11.55 crore in the quarter ended March 2020 as against Rs 21.17 crore during the previous quarter ended March 2019. Sales rose 11.41% to Rs 182.51 crore in the quarter ended March 2020 as against Rs 163.82 crore during the previous quarter ended March 2019.For the full year,net profit declined 40.93% to Rs 38.64 crore in the year ended March 2020 as against Rs 65.41 crore during the previous year ended March 2019. Sales declined 3.63% to Rs 676.64 crore in the year ended March 2020 as against Rs 702.12 crore during the previous year ended March 2019.
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First Published: Jun 16 2020 | 2:57 PM IST