CIL Nova Petrochemicals standalone net profit declines 64.47% in the March 2017 quarter

Sales rise 54.25% to Rs 72.82 crore

Net profit of CIL Nova Petrochemicals declined 64.47% to Rs 0.54 crore in the quarter ended March 2017 as against Rs 1.52 crore during the previous quarter ended March 2016. Sales rose 54.25% to Rs 72.82 crore in the quarter ended March 2017 as against Rs 47.21 crore during the previous quarter ended March 2016.

For the full year,net profit declined 8.76% to Rs 5.00 crore in the year ended March 2017 as against Rs 5.48 crore during the previous year ended March 2016. Sales rose 11.25% to Rs 222.78 crore in the year ended March 2017 as against Rs 200.26 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales72.8247.21 54 222.78200.26 11 OPM %4.2410.29 -6.358.58 - PBDT2.894.36 -34 12.3413.80 -11 PBT1.352.90 -53 6.957.91 -12 NP0.541.52 -64 5.005.48 -9

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