Nikhil Adhesives standalone net profit declines 70.80% in the March 2016 quarter

Sales rise 3.56% to Rs 65.50 crore

Net profit of Nikhil Adhesives declined 70.80% to Rs 0.33 crore in the quarter ended March 2016 as against Rs 1.13 crore during the previous quarter ended March 2015. Sales rose 3.56% to Rs 65.50 crore in the quarter ended March 2016 as against Rs 63.25 crore during the previous quarter ended March 2015.

For the full year,net profit rose 318.42% to Rs 1.59 crore in the year ended March 2016 as against Rs 0.38 crore during the previous year ended March 2015. Sales rose 5.65% to Rs 267.80 crore in the year ended March 2016 as against Rs 253.49 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales65.5063.25 4 267.80253.49 6 OPM %4.724.28 -4.183.19 - PBDT0.861.55 -45 3.362.36 42 PBT0.471.17 -60 1.810.54 235 NP0.331.13 -71 1.590.38 318

Powered by Capital Market - Live News