Virgo Polymers (India) standalone net profit declines 85.71% in the March 2016 quarter

Sales decline 20.49% to Rs 20.49 crore

Net profit of Virgo Polymers (India) declined 85.71% to Rs 0.03 crore in the quarter ended March 2016 as against Rs 0.21 crore during the previous quarter ended March 2015. Sales declined 20.49% to Rs 20.49 crore in the quarter ended March 2016 as against Rs 25.77 crore during the previous quarter ended March 2015.

For the full year,net profit declined 26.67% to Rs 0.33 crore in the year ended March 2016 as against Rs 0.45 crore during the previous year ended March 2015. Sales declined 1.47% to Rs 80.41 crore in the year ended March 2016 as against Rs 81.61 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales20.4925.77 -20 80.4181.61 -1 OPM %1.172.17 -1.952.33 - PBDT0.130.35 -63 1.191.18 1 PBT0.010.09 -89 0.490.33 48 NP0.030.21 -86 0.330.45 -27

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