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Rainbow Papers standalone net profit rises 2217.31% in the March 2015 quarter

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Capital Market

Sales decline 28.00% to Rs 138.32 crore

Net profit of Rainbow Papers rose 2217.31% to Rs 12.05 crore in the quarter ended March 2015 as against Rs 0.52 crore during the previous quarter ended March 2014. Sales declined 28.00% to Rs 138.32 crore in the quarter ended March 2015 as against Rs 192.11 crore during the previous quarter ended March 2014.

For the full year,net profit rose 1.66% to Rs 24.44 crore in the year ended March 2015 as against Rs 24.04 crore during the previous year ended March 2014. Sales declined 14.57% to Rs 554.20 crore in the year ended March 2015 as against Rs 648.69 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales138.32192.11 -28 554.20648.69 -15 OPM %10.7019.93 -18.5920.31 - PBDT2.8723.31 -88 44.4481.61 -46 PBT-6.7810.22 PL 5.4533.74 -84 NP12.050.52 2217 24.4424.04 2

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First Published: May 30 2015 | 3:25 PM IST

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