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Vapi Paper Mills reports standalone net loss of Rs 0.20 crore in the March 2017 quarter

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Capital Market

Sales decline 40.51% to Rs 0.47 crore

Net loss of Vapi Paper Mills reported to Rs 0.20 crore in the quarter ended March 2017 as against net profit of Rs 0.15 crore during the previous quarter ended March 2016. Sales declined 40.51% to Rs 0.47 crore in the quarter ended March 2017 as against Rs 0.79 crore during the previous quarter ended March 2016.

For the full year,net profit declined 60.61% to Rs 0.13 crore in the year ended March 2017 as against Rs 0.33 crore during the previous year ended March 2016. Sales declined 20.37% to Rs 2.15 crore in the year ended March 2017 as against Rs 2.70 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.470.79 -41 2.152.70 -20 OPM %-17.0234.18 -23.2625.56 - PBDT-0.080.25 PL 0.490.64 -23 PBT-0.140.18 PL 0.240.36 -33 NP-0.200.15 PL 0.130.33 -61

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First Published: Jun 10 2017 | 5:45 PM IST

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