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Milton Plastics net profit declines 85.91% in the March 2014 quarter

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Capital Market

Sales rise 14.81% to Rs 12.09 crore

Net profit of Milton Plastics declined 85.91% to Rs 5.88 crore in the quarter ended March 2014 as against Rs 41.72 crore during the previous quarter ended March 2013. Sales rose 14.81% to Rs 12.09 crore in the quarter ended March 2014 as against Rs 10.53 crore during the previous quarter ended March 2013.

For the full year,net profit declined 87.43% to Rs 5.06 crore in the year ended March 2014 as against Rs 40.26 crore during the previous year ended March 2013. Sales rose 16.15% to Rs 44.88 crore in the year ended March 2014 as against Rs 38.64 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales12.0910.53 15 44.8838.64 16 OPM %-1.32-3.04 --1.20-3.31 - PBDT-0.21-0.38 45 -0.78-1.61 52 PBT-0.30-0.46 35 -1.12-1.92 42 NP5.8841.72 -86 5.0640.26 -87

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First Published: May 31 2014 | 4:26 PM IST

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