Southern Latex reports standalone net profit of Rs 0.07 crore in the March 2016 quarter

Sales decline 72.73% to Rs 0.03 crore

Net profit of Southern Latex reported to Rs 0.07 crore in the quarter ended March 2016 as against net loss of Rs 0.06 crore during the previous quarter ended March 2015. Sales declined 72.73% to Rs 0.03 crore in the quarter ended March 2016 as against Rs 0.11 crore during the previous quarter ended March 2015.

For the full year,net profit rose 18.18% to Rs 0.13 crore in the year ended March 2016 as against Rs 0.11 crore during the previous year ended March 2015. Sales declined 65.85% to Rs 0.14 crore in the year ended March 2016 as against Rs 0.41 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.030.11 -73 0.140.41 -66 OPM %-733.33-45.45 --142.86-12.20 - PBDT0.100.24 -58 0.220.38 -42 PBT0.090 0 0.160.11 45 NP0.07-0.06 LP 0.130.11 18

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