Hitech Plast standalone net profit declines 49.62% in the March 2015 quarter

Sales decline 14.38% to Rs 59.65 crore

Net profit of Hitech Plast declined 49.62% to Rs 0.67 crore in the quarter ended March 2015 as against Rs 1.33 crore during the previous quarter ended March 2014. Sales declined 14.38% to Rs 59.65 crore in the quarter ended March 2015 as against Rs 69.67 crore during the previous quarter ended March 2014.

For the full year,net profit rose 90.91% to Rs 7.14 crore in the year ended March 2015 as against Rs 3.74 crore during the previous year ended March 2014. Sales rose 9.03% to Rs 294.03 crore in the year ended March 2015 as against Rs 269.69 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales59.6569.67 -14 294.03269.69 9 OPM %8.5811.02 -10.4510.73 - PBDT3.064.38 -30 18.6315.46 21 PBT0.221.93 -89 9.745.57 75 NP0.671.33 -50 7.143.74 91

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