Vijay Solvex standalone net profit rises 271.05% in the March 2017 quarter

Sales decline 5.66% to Rs 154.90 crore

Net profit of Vijay Solvex rose 271.05% to Rs 2.82 crore in the quarter ended March 2017 as against Rs 0.76 crore during the previous quarter ended March 2016. Sales declined 5.66% to Rs 154.90 crore in the quarter ended March 2017 as against Rs 164.20 crore during the previous quarter ended March 2016.

For the full year,net profit rose 51.67% to Rs 8.19 crore in the year ended March 2017 as against Rs 5.40 crore during the previous year ended March 2016. Sales declined 3.84% to Rs 637.20 crore in the year ended March 2017 as against Rs 662.63 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales154.90164.20 -6 637.20662.63 -4 OPM %2.390.85 -2.532.17 - PBDT5.001.41 255 14.069.16 53 PBT4.651.18 294 12.667.75 63 NP2.820.76 271 8.195.40 52

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