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Refnol Resins & Chemicals standalone net profit declines 85.71% in the March 2018 quarter

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Capital Market

Sales rise 24.59% to Rs 7.65 crore

Net profit of Refnol Resins & Chemicals declined 85.71% to Rs 0.02 crore in the quarter ended March 2018 as against Rs 0.14 crore during the previous quarter ended March 2017. Sales rose 24.59% to Rs 7.65 crore in the quarter ended March 2018 as against Rs 6.14 crore during the previous quarter ended March 2017.

For the full year,net profit declined 65.33% to Rs 0.26 crore in the year ended March 2018 as against Rs 0.75 crore during the previous year ended March 2017. Sales rose 15.22% to Rs 27.94 crore in the year ended March 2018 as against Rs 24.25 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales7.656.14 25 27.9424.25 15 OPM %3.012.44 -4.196.47 - PBDT0.180.34 -47 0.801.29 -38 PBT0.050.24 -79 0.340.85 -60 NP0.020.14 -86 0.260.75 -65

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First Published: May 11 2018 | 4:50 PM IST

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