Vinyl Chemicals (I) standalone net profit declines 14.73% in the March 2017 quarter

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Sales decline 19.16% to Rs 70.23 crore
Net profit of Vinyl Chemicals (I) declined 14.73% to Rs 3.53 crore in the quarter ended March 2017 as against Rs 4.14 crore during the previous quarter ended March 2016. Sales declined 19.16% to Rs 70.23 crore in the quarter ended March 2017 as against Rs 86.87 crore during the previous quarter ended March 2016.For the full year,net profit rose 9.14% to Rs 8.72 crore in the year ended March 2017 as against Rs 7.99 crore during the previous year ended March 2016. Sales declined 13.10% to Rs 282.68 crore in the year ended March 2017 as against Rs 325.31 crore during the previous year ended March 2016.
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First Published: May 18 2017 | 3:56 PM IST