I G Petrochemicals standalone net profit declines 2.92% in the March 2016 quarter

Sales decline 23.04% to Rs 213.37 crore

Net profit of I G Petrochemicals declined 2.92% to Rs 11.98 crore in the quarter ended March 2016 as against Rs 12.34 crore during the previous quarter ended March 2015. Sales declined 23.04% to Rs 213.37 crore in the quarter ended March 2016 as against Rs 277.23 crore during the previous quarter ended March 2015.

For the full year,net profit rose 578.20% to Rs 60.36 crore in the year ended March 2016 as against Rs 8.90 crore during the previous year ended March 2015. Sales declined 20.06% to Rs 947.60 crore in the year ended March 2016 as against Rs 1185.38 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales213.37277.23 -23 947.601185.38 -20 OPM %10.9017.03 -11.966.77 - PBDT19.8339.54 -50 94.2548.76 93 PBT15.2035.81 -58 76.7132.37 137 NP11.9812.34 -3 60.368.90 578

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