Borax Morarji reports standalone net profit of Rs 10.87 crore in the March 2016 quarter

Sales decline 0.69% to Rs 11.46 crore

Net profit of Borax Morarji reported to Rs 10.87 crore in the quarter ended March 2016 as against net loss of Rs 0.83 crore during the previous quarter ended March 2015. Sales declined 0.69% to Rs 11.46 crore in the quarter ended March 2016 as against Rs 11.54 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 4.56 crore in the year ended March 2016 as against net loss of Rs 9.74 crore during the previous year ended March 2015. Sales declined 10.76% to Rs 41.45 crore in the year ended March 2016 as against Rs 46.45 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales11.4611.54 -1 41.4546.45 -11 OPM %-4.10-16.98 --7.14-9.86 - PBDT-1.01-2.32 56 -5.25-6.48 19 PBT-1.33-2.40 45 -6.57-7.54 13 NP10.87-0.83 LP 4.56-9.74 LP

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