Sales decline 24.16% to Rs 5.90 crore
Net profit of Stanpacks (India) reported to Rs 0.21 crore in the quarter ended March 2016 as against net loss of Rs 0.34 crore during the previous quarter ended March 2015. Sales declined 24.16% to Rs 5.90 crore in the quarter ended March 2016 as against Rs 7.78 crore during the previous quarter ended March 2015.For the full year,net profit reported to Rs 0.38 crore in the year ended March 2016 as against net loss of Rs 0.06 crore during the previous year ended March 2015. Sales declined 21.51% to Rs 23.97 crore in the year ended March 2016 as against Rs 30.54 crore during the previous year ended March 2015.
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