Sales decline 37.37% to Rs 123.03 crore
Net profit of Manali Petrochemicals rose 43.27% to Rs 12.78 crore in the quarter ended March 2016 as against Rs 8.92 crore during the previous quarter ended March 2015. Sales declined 37.37% to Rs 123.03 crore in the quarter ended March 2016 as against Rs 196.44 crore during the previous quarter ended March 2015.For the full year,net profit rose 9.59% to Rs 48.21 crore in the year ended March 2016 as against Rs 43.99 crore during the previous year ended March 2015. Sales declined 21.03% to Rs 578.20 crore in the year ended March 2016 as against Rs 732.22 crore during the previous year ended March 2015.
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