Coral Newsprints reports standalone net profit of Rs 0.03 crore in the March 2016 quarter

Sales rise 23.81% to Rs 4.42 crore

Net profit of Coral Newsprints reported to Rs 0.03 crore in the quarter ended March 2016 as against net loss of Rs 0.37 crore during the previous quarter ended March 2015. Sales rose 23.81% to Rs 4.42 crore in the quarter ended March 2016 as against Rs 3.57 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 0.21 crore in the year ended March 2016 as against net loss of Rs 0.25 crore during the previous year ended March 2015. Sales rose 16.84% to Rs 15.75 crore in the year ended March 2016 as against Rs 13.48 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales4.423.57 24 15.7513.48 17 OPM %2.49-7.28 -2.54-0.67 - PBDT0.11-0.26 LP 0.40-0.09 LP PBT0.06-0.37 LP 0.24-0.25 LP NP0.03-0.37 LP 0.21-0.25 LP

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