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Mohit Paper Mills reports standalone net loss of Rs 0.08 crore in the March 2017 quarter

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Capital Market

Sales decline 8.42% to Rs 22.74 crore

Net Loss of Mohit Paper Mills reported to Rs 0.08 crore in the quarter ended March 2017 as against net loss of Rs 0.15 crore during the previous quarter ended March 2016. Sales declined 8.42% to Rs 22.74 crore in the quarter ended March 2017 as against Rs 24.83 crore during the previous quarter ended March 2016.

For the full year,net profit rose 12.50% to Rs 0.99 crore in the year ended March 2017 as against Rs 0.88 crore during the previous year ended March 2016. Sales declined 5.61% to Rs 91.08 crore in the year ended March 2017 as against Rs 96.49 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales22.7424.83 -8 91.0896.49 -6 OPM %12.054.67 -9.187.47 - PBDT2.030.35 480 5.534.47 24 PBT0.330.16 106 1.291.27 2 NP-0.08-0.15 47 0.990.88 13

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First Published: Jun 01 2017 | 2:36 PM IST

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