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Marvel Vinyls standalone net profit rises 63.83% in the March 2016 quarter

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Capital Market

Sales rise 8.58% to Rs 56.09 crore

Net profit of Marvel Vinyls rose 63.83% to Rs 0.77 crore in the quarter ended March 2016 as against Rs 0.47 crore during the previous quarter ended March 2015. Sales rose 8.58% to Rs 56.09 crore in the quarter ended March 2016 as against Rs 51.66 crore during the previous quarter ended March 2015.

For the full year,net profit rose 6.58% to Rs 2.59 crore in the year ended March 2016 as against Rs 2.43 crore during the previous year ended March 2015. Sales declined 3.57% to Rs 198.01 crore in the year ended March 2016 as against Rs 205.35 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales56.0951.66 9 198.01205.35 -4 OPM %5.332.69 -6.225.39 - PBDT1.812.00 -10 7.087.48 -5 PBT0.841.09 -23 3.543.99 -11 NP0.770.47 64 2.592.43 7

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First Published: May 31 2016 | 5:30 PM IST

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