Phillips Carbon Black standalone net profit rises 1348.94% in the March 2016 quarter

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Sales decline 23.09% to Rs 455.22 crore
Net profit of Phillips Carbon Black rose 1348.94% to Rs 6.81 crore in the quarter ended March 2016 as against Rs 0.47 crore during the previous quarter ended March 2015. Sales declined 23.09% to Rs 455.22 crore in the quarter ended March 2016 as against Rs 591.88 crore during the previous quarter ended March 2015.For the full year,net profit rose 80.85% to Rs 22.86 crore in the year ended March 2016 as against Rs 12.64 crore during the previous year ended March 2015. Sales declined 23.29% to Rs 1892.65 crore in the year ended March 2016 as against Rs 2467.24 crore during the previous year ended March 2015.
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First Published: May 14 2016 | 12:35 PM IST