Axel Polymers reports standalone net profit of Rs 0.42 crore in the March 2017 quarter

Sales rise 25.39% to Rs 6.47 crore

Net profit of Axel Polymers reported to Rs 0.42 crore in the quarter ended March 2017 as against net loss of Rs 0.29 crore during the previous quarter ended March 2016. Sales rose 25.39% to Rs 6.47 crore in the quarter ended March 2017 as against Rs 5.16 crore during the previous quarter ended March 2016.

For the full year,net profit rose 33.33% to Rs 0.20 crore in the year ended March 2017 as against Rs 0.15 crore during the previous year ended March 2016. Sales rose 18.40% to Rs 21.94 crore in the year ended March 2017 as against Rs 18.53 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales6.475.16 25 21.9418.53 18 OPM %10.20-1.74 -6.296.69 - PBDT0.45-0.36 LP 0.450.40 13 PBT0.42-0.29 LP 0.240.15 60 NP0.42-0.29 LP 0.200.15 33

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