Manali Petrochemicals standalone net profit declines 63.22% in the March 2017 quarter

Sales rise 17.31% to Rs 144.47 crore

Net profit of Manali Petrochemicals declined 63.22% to Rs 4.70 crore in the quarter ended March 2017 as against Rs 12.78 crore during the previous quarter ended March 2016. Sales rose 17.31% to Rs 144.47 crore in the quarter ended March 2017 as against Rs 123.15 crore during the previous quarter ended March 2016.

For the full year,net profit declined 16.16% to Rs 40.42 crore in the year ended March 2017 as against Rs 48.21 crore during the previous year ended March 2016. Sales declined 0.43% to Rs 576.57 crore in the year ended March 2017 as against Rs 579.04 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales144.47123.15 17 576.57579.04 0 OPM %1.8813.14 -9.0611.56 - PBDT10.0118.36 -45 68.9275.14 -8 PBT8.0616.73 -52 61.0869.26 -12 NP4.7012.78 -63 40.4248.21 -16

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