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Nikhil Adhesives standalone net profit rises 74.51% in the December 2017 quarter

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Capital Market

Sales rise 16.57% to Rs 68.37 crore

Net profit of Nikhil Adhesives rose 74.51% to Rs 0.89 crore in the quarter ended December 2017 as against Rs 0.51 crore during the previous quarter ended December 2016. Sales rose 16.57% to Rs 68.37 crore in the quarter ended December 2017 as against Rs 58.65 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales68.3758.65 17 OPM %4.655.00 -PBDT1.771.25 42 PBT1.300.78 67 NP0.890.51 75

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First Published: Feb 19 2018 | 8:15 AM IST

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