Manali Petro Q1 net profit more than doubles to Rs 15 cr

Image
Press Trust of India Chennai
Last Updated : Aug 06 2015 | 6:07 PM IST
Manali Petrochemicals Ltd posted a profits at Rs 14.73 crore up 115 per cent for the first quarter ending June 30.
The Chennai-based company had registered net profits at Rs 6.85 crore during same period of previous year, Manali Petrochemicals said in a BSE filing.
For the financial year ending March 31, net profit of the company stood at Rs 43.99 crore.
Total income from operations for the June quarter jumped to Rs 169.86 crore from Rs 162.60 crore registered during year ago period.
For the financial year ending March 31, 2015 total income from operations were at Rs 733.12 crore.
Shares of the company ended at Rs 32.25 a scrip, down by 5.01 per cent on BSE.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 06 2015 | 6:07 PM IST

Next Story