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Pearl Polymers standalone net profit declines 93.86% in the March 2017 quarter

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Capital Market

Sales rise 4.47% to Rs 47.25 crore

Net profit of Pearl Polymers declined 93.86% to Rs 0.07 crore in the quarter ended March 2017 as against Rs 1.14 crore during the previous quarter ended March 2016. Sales rose 4.47% to Rs 47.25 crore in the quarter ended March 2017 as against Rs 45.23 crore during the previous quarter ended March 2016.

For the full year,net profit declined 21.74% to Rs 0.36 crore in the year ended March 2017 as against Rs 0.46 crore during the previous year ended March 2016. Sales declined 1.83% to Rs 173.10 crore in the year ended March 2017 as against Rs 176.32 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales47.2545.23 4 173.10176.32 -2 OPM %5.335.93 -5.785.92 - PBDT1.851.93 -4 6.926.14 13 PBT0.250.28 -11 0.61-0.40 LP NP0.071.14 -94 0.360.46 -22

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First Published: Jun 02 2017 | 4:13 PM IST

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