Vinyl’s Q2 net profit declines by over 7 %

Vinyl’s Q2 net profit declines by over 7 %

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Last updated : March 17, 2023 6:07 pm



Net profit reported at Rs. 2.65 crores for the period ending Sep. 30, 2017, as against Rs. 2.87 crores for the same period last year


Vinyl Chemicals (India) Ltd. has reported net sales of Rs. 84.34 crores during the period ended September 30, 2017 as against Rs.69.05 crores during the period ended September 30, 2016. Furthermore, the company has posted net profit of Rs. 2.65 crores for the period ending September 30, 2017 as against Rs.2.87 crores for the period ending September 30, 2016, recording an erosion of 0.22 crores in the latest quarter.

However, for the six months period ending September 30, 2017, the company has reported an overall increase in net sales over the same period last year. Vinyl’s sales for the two quarters this year was reported at Rs.156 crores as against Rs. 154.43 crores for the two first two quarters last year.

Net profit for the six months period ended September 30, 2017 was reported at Rs. 3.71 crores as against Rs. 4.44 crores for the same period last year.

Vinyl Chemicals (India) Ltd.

First Published : November 15, 2017 12:00 am