Plastiblends India standalone net profit declines 4.25% in the March 2017 quarter

Sales rise 6.57% to Rs 155.43 crore

Net profit of Plastiblends India declined 4.25% to Rs 9.02 crore in the quarter ended March 2017 as against Rs 9.42 crore during the previous quarter ended March 2016. Sales rose 6.57% to Rs 155.43 crore in the quarter ended March 2017 as against Rs 145.85 crore during the previous quarter ended March 2016.

For the full year,net profit declined 12.32% to Rs 33.03 crore in the year ended March 2017 as against Rs 37.67 crore during the previous year ended March 2016. Sales rose 10.02% to Rs 571.98 crore in the year ended March 2017 as against Rs 519.87 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales155.43145.85 7 571.98519.87 10 OPM %10.8012.16 -11.1111.40 - PBDT15.6717.72 -12 57.4358.11 -1 PBT13.0516.02 -19 47.0851.87 -9 NP9.029.42 -4 33.0337.67 -12

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