CIL Nova Petrochemicals standalone net profit declines 34.76% in the March 2016 quarter

Sales decline 24.19% to Rs 47.58 crore

Net profit of CIL Nova Petrochemicals declined 34.76% to Rs 1.52 crore in the quarter ended March 2016 as against Rs 2.33 crore during the previous quarter ended March 2015. Sales declined 24.19% to Rs 47.58 crore in the quarter ended March 2016 as against Rs 62.76 crore during the previous quarter ended March 2015.

For the full year,net profit rose 36.32% to Rs 5.48 crore in the year ended March 2016 as against Rs 4.02 crore during the previous year ended March 2015. Sales declined 16.95% to Rs 201.82 crore in the year ended March 2016 as against Rs 243.01 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales47.5862.76 -24 201.82243.01 -17 OPM %10.2110.80 -8.517.01 - PBDT4.365.51 -21 13.8011.71 18 PBT2.902.96 -2 7.915.09 55 NP1.522.33 -35 5.484.02 36

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