Vardhman Acrylics standalone net profit declines 52.69% in the March 2017 quarter

Sales decline 8.59% to Rs 89.36 crore

Net profit of Vardhman Acrylics declined 52.69% to Rs 4.66 crore in the quarter ended March 2017 as against Rs 9.85 crore during the previous quarter ended March 2016. Sales declined 8.59% to Rs 89.36 crore in the quarter ended March 2017 as against Rs 97.76 crore during the previous quarter ended March 2016.

For the full year,net profit rose 0.81% to Rs 41.10 crore in the year ended March 2017 as against Rs 40.77 crore during the previous year ended March 2016. Sales declined 17.69% to Rs 368.43 crore in the year ended March 2017 as against Rs 447.59 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales89.3697.76 -9 368.43447.59 -18 OPM %8.0216.83 -16.8614.79 - PBDT6.9616.35 -57 61.7565.94 -6 PBT5.6615.40 -63 57.1461.53 -7 NP4.669.85 -53 41.1040.77 1

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