CIL Nova Petrochemicals net profit rises 1600.00% in the March 2014 quarter

Sales rise 54.34% to Rs 84.24 crore

Net profit of CIL Nova Petrochemicals rose 1600.00% to Rs 0.34 crore in the quarter ended March 2014 as against Rs 0.02 crore during the previous quarter ended March 2013. Sales rose 54.34% to Rs 84.24 crore in the quarter ended March 2014 as against Rs 54.58 crore during the previous quarter ended March 2013.

For the full year,net profit rose 4.69% to Rs 2.90 crore in the year ended March 2014 as against Rs 2.77 crore during the previous year ended March 2013. Sales rose 6.96% to Rs 316.97 crore in the year ended March 2014 as against Rs 296.35 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales84.2454.58 54 316.97296.35 7 OPM %4.535.72 -5.376.28 - PBDT2.471.65 50 11.0311.31 -2 PBT0.630.09 600 3.873.49 11 NP0.340.02 1600 2.902.77 5

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