Marvel Vinyls net profit declines 84.81% in the March 2014 quarter

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Sales decline 9.75% to Rs 43.79 crore
Net profit of Marvel Vinyls declined 84.81% to Rs 0.24 crore in the quarter ended March 2014 as against Rs 1.58 crore during the previous quarter ended March 2013. Sales declined 9.75% to Rs 43.79 crore in the quarter ended March 2014 as against Rs 48.52 crore during the previous quarter ended March 2013.For the full year,net profit declined 21.84% to Rs 2.29 crore in the year ended March 2014 as against Rs 2.93 crore during the previous year ended March 2013. Sales rose 7.84% to Rs 177.65 crore in the year ended March 2014 as against Rs 164.74 crore during the previous year ended March 2013.
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First Published: Jun 05 2014 | 4:27 PM IST