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Vardhman Acrylics standalone net profit rises 40.89% in the March 2016 quarter

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Capital Market

Sales decline 12.96% to Rs 89.62 crore

Net profit of Vardhman Acrylics rose 40.89% to Rs 8.27 crore in the quarter ended March 2016 as against Rs 5.87 crore during the previous quarter ended March 2015. Sales declined 12.96% to Rs 89.62 crore in the quarter ended March 2016 as against Rs 102.96 crore during the previous quarter ended March 2015.

For the full year,net profit declined 10.74% to Rs 29.83 crore in the year ended March 2016 as against Rs 33.42 crore during the previous year ended March 2015. Sales declined 17.36% to Rs 411.61 crore in the year ended March 2016 as against Rs 498.08 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales89.62102.96 -13 411.61498.08 -17 OPM %14.677.17 -12.049.97 - PBDT13.067.26 80 49.3149.38 0 PBT12.065.80 108 44.7444.61 0 NP8.275.87 41 29.8333.42 -11

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First Published: Apr 30 2016 | 6:24 PM IST

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