Virgo Polymers (India) standalone net profit rises 400.00% in the March 2017 quarter

Sales rise 35.38% to Rs 27.74 crore

Net profit of Virgo Polymers (India) rose 400.00% to Rs 0.15 crore in the quarter ended March 2017 as against Rs 0.03 crore during the previous quarter ended March 2016. Sales rose 35.38% to Rs 27.74 crore in the quarter ended March 2017 as against Rs 20.49 crore during the previous quarter ended March 2016.

For the full year,net profit declined 6.06% to Rs 0.31 crore in the year ended March 2017 as against Rs 0.33 crore during the previous year ended March 2016. Sales rose 11.09% to Rs 89.33 crore in the year ended March 2017 as against Rs 80.41 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales27.7420.49 35 89.3380.41 11 OPM %0.111.17 -1.891.95 - PBDT0.370.13 185 1.381.19 16 PBT0.240.01 2300 0.580.49 18 NP0.150.03 400 0.310.33 -6

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