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MPL Plastics standalone net profit declines 74.66% in the March 2015 quarter

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Capital Market

Sales decline 17.37% to Rs 9.99 crore

Net profit of MPL Plastics declined 74.66% to Rs 1.49 crore in the quarter ended March 2015 as against Rs 5.88 crore during the previous quarter ended March 2014. Sales declined 17.37% to Rs 9.99 crore in the quarter ended March 2015 as against Rs 12.09 crore during the previous quarter ended March 2014.

For the full year,net profit declined 77.67% to Rs 1.13 crore in the year ended March 2015 as against Rs 5.06 crore during the previous year ended March 2014. Sales rose 0.80% to Rs 45.24 crore in the year ended March 2015 as against Rs 44.88 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales9.9912.09 -17 45.2444.88 1 OPM %17.52-1.32 -4.24-1.20 - PBDT1.69-0.21 LP 1.69-0.78 LP PBT1.49-0.30 LP 1.13-1.12 LP NP1.495.88 -75 1.135.06 -78

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First Published: Jun 01 2015 | 8:37 AM IST

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