Manali Petrochemicals standalone net profit rises 294.67% in the March 2018 quarter

Sales rise 26.04% to Rs 189.93 crore

Net profit of Manali Petrochemicals rose 294.67% to Rs 26.64 crore in the quarter ended March 2018 as against Rs 6.75 crore during the previous quarter ended March 2017. Sales rose 26.04% to Rs 189.93 crore in the quarter ended March 2018 as against Rs 150.69 crore during the previous quarter ended March 2017.

For the full year,net profit rose 29.81% to Rs 54.87 crore in the year ended March 2018 as against Rs 42.27 crore during the previous year ended March 2017. Sales rose 10.73% to Rs 645.33 crore in the year ended March 2018 as against Rs 582.79 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales189.93150.69 26 645.33582.79 11 OPM %22.917.29 -14.4510.50 - PBDT43.5012.06 261 92.1071.66 29 PBT41.1810.11 307 83.8562.47 34 NP26.646.75 295 54.8742.27 30

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