Tainwala Chemicals & Plastics (India) standalone net profit rises 142.02% in the March 2017 quarter

Sales decline 57.85% to Rs 1.53 crore

Net profit of Tainwala Chemicals & Plastics (India) rose 142.02% to Rs 5.76 crore in the quarter ended March 2017 as against Rs 2.38 crore during the previous quarter ended March 2016. Sales declined 57.85% to Rs 1.53 crore in the quarter ended March 2017 as against Rs 3.63 crore during the previous quarter ended March 2016.

For the full year,net profit rose 28.76% to Rs 4.97 crore in the year ended March 2017 as against Rs 3.86 crore during the previous year ended March 2016. Sales declined 51.66% to Rs 4.37 crore in the year ended March 2017 as against Rs 9.04 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1.533.63 -58 4.379.04 -52 OPM %-37.25-36.91 --58.35-26.66 - PBDT5.892.53 133 5.514.39 26 PBT5.762.39 141 4.973.87 28 NP5.762.38 142 4.973.86 29

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