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Polymechplast Machines standalone net profit declines 38.89% in the March 2017 quarter

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Capital Market

Sales decline 15.69% to Rs 10.21 crore

Net profit of Polymechplast Machines declined 38.89% to Rs 0.44 crore in the quarter ended March 2017 as against Rs 0.72 crore during the previous quarter ended March 2016. Sales declined 15.69% to Rs 10.21 crore in the quarter ended March 2017 as against Rs 12.11 crore during the previous quarter ended March 2016.

For the full year,net profit rose 33.33% to Rs 1.00 crore in the year ended March 2017 as against Rs 0.75 crore during the previous year ended March 2016. Sales rose 0.66% to Rs 33.72 crore in the year ended March 2017 as against Rs 33.50 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales10.2112.11 -16 33.7233.50 1 OPM %9.7910.07 -6.265.43 - PBDT0.811.01 -20 1.611.26 28 PBT0.710.94 -24 1.300.97 34 NP0.440.72 -39 1.000.75 33

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First Published: May 29 2017 | 5:17 PM IST

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