Meghmani Organics standalone net profit declines 25.76% in the March 2017 quarter

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Sales rise 6.24% to Rs 260.05 crore
Net profit of Meghmani Organics declined 25.76% to Rs 12.97 crore in the quarter ended March 2017 as against Rs 17.47 crore during the previous quarter ended March 2016. Sales rose 6.24% to Rs 260.05 crore in the quarter ended March 2017 as against Rs 244.78 crore during the previous quarter ended March 2016.For the full year,net profit rose 14.42% to Rs 41.51 crore in the year ended March 2017 as against Rs 36.28 crore during the previous year ended March 2016. Sales rose 9.08% to Rs 1046.19 crore in the year ended March 2017 as against Rs 959.11 crore during the previous year ended March 2016.
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First Published: May 22 2017 | 4:01 PM IST