Vippy Spinpro standalone net profit rises 9.80% in the March 2016 quarter

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Sales rise 0.28% to Rs 21.70 crore
Net profit of Vippy Spinpro rose 9.80% to Rs 1.12 crore in the quarter ended March 2016 as against Rs 1.02 crore during the previous quarter ended March 2015. Sales rose 0.28% to Rs 21.70 crore in the quarter ended March 2016 as against Rs 21.64 crore during the previous quarter ended March 2015.For the full year,net profit declined 4.92% to Rs 3.09 crore in the year ended March 2016 as against Rs 3.25 crore during the previous year ended March 2015. Sales declined 7.14% to Rs 87.76 crore in the year ended March 2016 as against Rs 94.51 crore during the previous year ended March 2015.
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First Published: May 23 2016 | 7:09 PM IST