Vijay Solvex standalone net profit declines 55.81% in the March 2016 quarter

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Sales rise 22.12% to Rs 164.20 crore
Net profit of Vijay Solvex declined 55.81% to Rs 0.76 crore in the quarter ended March 2016 as against Rs 1.72 crore during the previous quarter ended March 2015. Sales rose 22.12% to Rs 164.20 crore in the quarter ended March 2016 as against Rs 134.46 crore during the previous quarter ended March 2015.For the full year,net profit rose 16.38% to Rs 5.40 crore in the year ended March 2016 as against Rs 4.64 crore during the previous year ended March 2015. Sales declined 13.71% to Rs 662.63 crore in the year ended March 2016 as against Rs 767.94 crore during the previous year ended March 2015.
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First Published: Jun 03 2016 | 12:33 PM IST