Organic Coatings reports standalone net profit of Rs 0.04 crore in the March 2016 quarter

Sales decline 21.19% to Rs 8.74 crore

Net profit of Organic Coatings reported to Rs 0.04 crore in the quarter ended March 2016 as against net loss of Rs 0.73 crore during the previous quarter ended March 2015. Sales declined 21.19% to Rs 8.74 crore in the quarter ended March 2016 as against Rs 11.09 crore during the previous quarter ended March 2015. ParticularsQuarter EndedMar. 2016Mar. 2015% Var.Sales8.7411.09 -21 OPM %7.55-3.97 -PBDT0.38-0.46 LP PBT0.04-0.75 LP NP0.04-0.73 LP

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