Polyplex Corporation consolidated net profit declines 42.98% in the March 2017 quarter

Sales decline 1.01% to Rs 830.37 crore

Net profit of Polyplex Corporation declined 42.98% to Rs 35.77 crore in the quarter ended March 2017 as against Rs 62.73 crore during the previous quarter ended March 2016. Sales declined 1.01% to Rs 830.37 crore in the quarter ended March 2017 as against Rs 838.86 crore during the previous quarter ended March 2016.

For the full year,net profit rose 662.53% to Rs 221.44 crore in the year ended March 2017 as against Rs 29.04 crore during the previous year ended March 2016. Sales rose 0.18% to Rs 3207.67 crore in the year ended March 2017 as against Rs 3202.03 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales830.37838.86 -1 3207.673202.03 0 OPM %11.6119.38 -13.9711.03 - PBDT115.07159.52 -28 509.46338.78 50 PBT64.46106.57 -40 307.30129.83 137 NP35.7762.73 -43 221.4429.04 663

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