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Vijay Solvex standalone net profit declines 55.81% in the March 2016 quarter

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Capital Market

Sales rise 22.12% to Rs 164.20 crore

Net profit of Vijay Solvex declined 55.81% to Rs 0.76 crore in the quarter ended March 2016 as against Rs 1.72 crore during the previous quarter ended March 2015. Sales rose 22.12% to Rs 164.20 crore in the quarter ended March 2016 as against Rs 134.46 crore during the previous quarter ended March 2015.

For the full year,net profit rose 16.38% to Rs 5.40 crore in the year ended March 2016 as against Rs 4.64 crore during the previous year ended March 2015. Sales declined 13.71% to Rs 662.63 crore in the year ended March 2016 as against Rs 767.94 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales164.20134.46 22 662.63767.94 -14 OPM %0.851.18 -2.171.72 - PBDT1.412.05 -31 9.167.32 25 PBT1.182.27 -48 7.755.78 34 NP0.761.72 -56 5.404.64 16

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First Published: Jun 03 2016 | 12:33 PM IST

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