Hipolin reports standalone net profit of Rs 0.23 crore in the March 2016 quarter

Sales decline 20.68% to Rs 3.26 crore

Net profit of Hipolin reported to Rs 0.23 crore in the quarter ended March 2016 as against net loss of Rs 0.13 crore during the previous quarter ended March 2015. Sales declined 20.68% to Rs 3.26 crore in the quarter ended March 2016 as against Rs 4.11 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 0.59 crore in the year ended March 2016 as against net loss of Rs 0.34 crore during the previous year ended March 2015. Sales declined 25.66% to Rs 15.38 crore in the year ended March 2016 as against Rs 20.69 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales3.264.11 -21 15.3820.69 -26 OPM %9.205.35 --2.28-0.39 - PBDT0.30-0.05 LP -0.25-0.03 -733 PBT0.23-0.20 LP -0.61-0.41 -49 NP0.23-0.13 LP -0.59-0.34 -74

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