Fineotex Chemical standalone net profit declines 9.47% in the March 2017 quarter

Sales rise 7.04% to Rs 19.16 crore

Net profit of Fineotex Chemical declined 9.47% to Rs 4.40 crore in the quarter ended March 2017 as against Rs 4.86 crore during the previous quarter ended March 2016. Sales rose 7.04% to Rs 19.16 crore in the quarter ended March 2017 as against Rs 17.90 crore during the previous quarter ended March 2016.

For the full year,net profit rose 5.42% to Rs 15.95 crore in the year ended March 2017 as against Rs 15.13 crore during the previous year ended March 2016. Sales rose 9.78% to Rs 74.44 crore in the year ended March 2017 as against Rs 67.81 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales19.1617.90 7 74.4467.81 10 OPM %27.4027.09 -25.8126.90 - PBDT6.357.07 -10 23.3222.51 4 PBT6.186.92 -11 22.7321.99 3 NP4.404.86 -9 15.9515.13 5

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