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Refnol Resins & Chemicals standalone net profit rises 107.69% in the March 2017 quarter

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Capital Market

Sales decline 4.27% to Rs 6.06 crore

Net profit of Refnol Resins & Chemicals rose 107.69% to Rs 0.54 crore in the quarter ended March 2017 as against Rs 0.26 crore during the previous quarter ended March 2016. Sales declined 4.27% to Rs 6.06 crore in the quarter ended March 2017 as against Rs 6.33 crore during the previous quarter ended March 2016.

For the full year,net profit rose 55.17% to Rs 1.35 crore in the year ended March 2017 as against Rs 0.87 crore during the previous year ended March 2016. Sales rose 6.75% to Rs 24.18 crore in the year ended March 2017 as against Rs 22.65 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales6.066.33 -4 24.1822.65 7 OPM %6.936.16 -7.447.37 - PBDT0.650.29 124 1.550.96 61 PBT0.640.26 146 1.450.87 67 NP0.540.26 108 1.350.87 55

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First Published: May 11 2017 | 2:03 PM IST

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