Gagan Polycot India reports standalone net profit of Rs 0.58 crore in the March 2016 quarter

Sales decline 5.50% to Rs 47.07 crore

Net profit of Gagan Polycot India reported to Rs 0.58 crore in the quarter ended March 2016 as against net loss of Rs 0.29 crore during the previous quarter ended March 2015. Sales declined 5.50% to Rs 47.07 crore in the quarter ended March 2016 as against Rs 49.81 crore during the previous quarter ended March 2015.

For the full year,net profit rose 393.75% to Rs 0.79 crore in the year ended March 2016 as against Rs 0.16 crore during the previous year ended March 2015. Sales rose 10.52% to Rs 123.00 crore in the year ended March 2016 as against Rs 111.29 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales47.0749.81 -6 123.00111.29 11 OPM %1.530.34 -1.420.77 - PBDT0.65-0.08 LP 1.000.40 150 PBT0.58-0.29 LP 0.790.19 316 NP0.58-0.29 LP 0.790.16 394

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