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Mold-Tek Packaging standalone net profit rises 75.54% in the March 2016 quarter

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Capital Market

Sales rise 17.21% to Rs 70.50 crore

Net profit of Mold-Tek Packaging rose 75.54% to Rs 7.25 crore in the quarter ended March 2016 as against Rs 4.13 crore during the previous quarter ended March 2015. Sales rose 17.21% to Rs 70.50 crore in the quarter ended March 2016 as against Rs 60.15 crore during the previous quarter ended March 2015.

For the full year,net profit rose 42.86% to Rs 24.10 crore in the year ended March 2016 as against Rs 16.87 crore during the previous year ended March 2015. Sales declined 3.28% to Rs 275.67 crore in the year ended March 2016 as against Rs 285.03 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales70.5060.15 17 275.67285.03 -3 OPM %18.6114.70 -16.5214.02 - PBDT13.218.28 60 45.2833.57 35 PBT10.996.21 77 36.7825.34 45 NP7.254.13 76 24.1016.87 43

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First Published: May 11 2016 | 2:25 PM IST

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