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Axel Polymers standalone net profit rises 54.55% in the June 2019 quarter

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Capital Market

Sales decline 11.69% to Rs 5.44 crore

Net profit of Axel Polymers rose 54.55% to Rs 0.34 crore in the quarter ended June 2019 as against Rs 0.22 crore during the previous quarter ended June 2018. Sales declined 11.69% to Rs 5.44 crore in the quarter ended June 2019 as against Rs 6.16 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales5.446.16 -12 OPM %11.958.28 -PBDT0.420.29 45 PBT0.340.22 55 NP0.340.22 55

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First Published: Aug 14 2019 | 2:49 PM IST

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