Polyplex Corporation standalone net profit declines 59.52% in the March 2017 quarter

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Sales rise 5.65% to Rs 244.35 crore
Net profit of Polyplex Corporation declined 59.52% to Rs 4.21 crore in the quarter ended March 2017 as against Rs 10.40 crore during the previous quarter ended March 2016. Sales rose 5.65% to Rs 244.35 crore in the quarter ended March 2017 as against Rs 231.29 crore during the previous quarter ended March 2016.For the full year,net profit rose 35.03% to Rs 36.39 crore in the year ended March 2017 as against Rs 26.95 crore during the previous year ended March 2016. Sales declined 2.31% to Rs 945.91 crore in the year ended March 2017 as against Rs 968.28 crore during the previous year ended March 2016.
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First Published: May 20 2017 | 5:23 PM IST