Refnol Resins & Chemicals standalone net profit rises 107.69% in the March 2017 quarter

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Sales decline 4.27% to Rs 6.06 crore
Net profit of Refnol Resins & Chemicals rose 107.69% to Rs 0.54 crore in the quarter ended March 2017 as against Rs 0.26 crore during the previous quarter ended March 2016. Sales declined 4.27% to Rs 6.06 crore in the quarter ended March 2017 as against Rs 6.33 crore during the previous quarter ended March 2016.For the full year,net profit rose 55.17% to Rs 1.35 crore in the year ended March 2017 as against Rs 0.87 crore during the previous year ended March 2016. Sales rose 6.75% to Rs 24.18 crore in the year ended March 2017 as against Rs 22.65 crore during the previous year ended March 2016.
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First Published: May 11 2017 | 2:03 PM IST