Axel Polymers standalone net profit declines 51.61% in the June 2017 quarter

Capital Market 

Sales decline 1.37% to Rs 6.50 crore

Net profit of Axel Polymers declined 51.61% to Rs 0.15 crore in the quarter ended June 2017 as against Rs 0.31 crore during the previous quarter ended June 2016. Sales declined 1.37% to Rs 6.50 crore in the quarter ended June 2017 as against Rs 6.59 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales6.506.59 -1 OPM %6.469.10 -PBDT0.200.37 -46 PBT0.150.31 -52 NP0.150.31 -52

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First Published: Wed, September 06 2017. 18:06 IST