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Ganesh Benzoplast standalone net profit declines 92.57% in the March 2017 quarter

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Capital Market

Sales rise 4.21% to Rs 31.21 crore

Net profit of Ganesh Benzoplast declined 92.57% to Rs 3.18 crore in the quarter ended March 2017 as against Rs 42.79 crore during the previous quarter ended March 2016. Sales rose 4.21% to Rs 31.21 crore in the quarter ended March 2017 as against Rs 29.95 crore during the previous quarter ended March 2016.

For the full year,net profit declined 73.53% to Rs 12.75 crore in the year ended March 2017 as against Rs 48.16 crore during the previous year ended March 2016. Sales declined 1.10% to Rs 118.12 crore in the year ended March 2017 as against Rs 119.43 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales31.2129.95 4 118.12119.43 -1 OPM %18.4233.12 -31.9031.33 - PBDT5.757.09 -19 25.9022.97 13 PBT3.426.57 -48 14.8812.25 21 NP3.1842.79 -93 12.7548.16 -74

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First Published: May 31 2017 | 2:09 PM IST

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