Hitech Plast consolidated net profit declines 90.29% in the March 2015 quarter

Sales decline 15.22% to Rs 95.26 crore

Net profit of Hitech Plast declined 90.29% to Rs 0.17 crore in the quarter ended March 2015 as against Rs 1.75 crore during the previous quarter ended March 2014. Sales declined 15.22% to Rs 95.26 crore in the quarter ended March 2015 as against Rs 112.36 crore during the previous quarter ended March 2014.

For the full year,net profit rose 10.24% to Rs 7.00 crore in the year ended March 2015 as against Rs 6.35 crore during the previous year ended March 2014. Sales rose 1.03% to Rs 462.27 crore in the year ended March 2015 as against Rs 457.57 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales95.26112.36 -15 462.27457.57 1 OPM %6.1910.02 -8.7110.63 - PBDT3.587.43 -52 25.3431.91 -21 PBT-1.232.92 PL 9.1013.48 -32 NP0.171.75 -90 7.006.35 10

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