Hitech Plast standalone net profit rises 135.71% in the March 2017 quarter

Sales rise 14.03% to Rs 94.34 crore

Net profit of Hitech Plast rose 135.71% to Rs 2.64 crore in the quarter ended March 2017 as against Rs 1.12 crore during the previous quarter ended March 2016. Sales rose 14.03% to Rs 94.34 crore in the quarter ended March 2017 as against Rs 82.73 crore during the previous quarter ended March 2016.

For the full year,net profit declined 16.15% to Rs 11.84 crore in the year ended March 2017 as against Rs 14.12 crore during the previous year ended March 2016. Sales declined 6.56% to Rs 365.06 crore in the year ended March 2017 as against Rs 390.70 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales94.3482.73 14 365.06390.70 -7 OPM %7.679.48 -9.3811.65 - PBDT5.826.05 -4 28.9335.84 -19 PBT2.452.12 16 15.9420.25 -21 NP2.641.12 136 11.8414.12 -16

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