Machino Plastics reports standalone net loss of Rs 1.70 crore in the March 2016 quarter

Sales decline 2.19% to Rs 56.16 crore

Net loss of Machino Plastics reported to Rs 1.70 crore in the quarter ended March 2016 as against net profit of Rs 4.43 crore during the previous quarter ended March 2015. Sales declined 2.19% to Rs 56.16 crore in the quarter ended March 2016 as against Rs 57.42 crore during the previous quarter ended March 2015.

For the full year,net profit declined 36.21% to Rs 1.48 crore in the year ended March 2016 as against Rs 2.32 crore during the previous year ended March 2015. Sales rose 5.06% to Rs 206.22 crore in the year ended March 2016 as against Rs 196.28 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales56.1657.42 -2 206.22196.28 5 OPM %11.4911.09 -10.539.27 - PBDT5.565.37 4 17.7913.21 35 PBT0.893.97 -78 5.201.86 180 NP-1.704.43 PL 1.482.32 -36

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