Dalal Street Investments
Top

IPCL Net Profit Declines

June 30, 2007

Net profit of Indian Petrochemicals Corporation declined 92.77% to Rs 18.00 crore in the quarter ended March 2007 as against Rs 249.00 crore during the previous quarter ended March 2006. Sales rose 30.85% to Rs 3007.00 crore in the quarter ended March 2007 as against Rs 2298.00 crore during the previous quarter ended March 2006.

For the full year, net profit declined 11.34% to Rs 1032.00 crore in the year ended March 2007 as against Rs 1164.00 crore during the previous year ended March 2006. Sales rose 11.05% to Rs 12129.00 crore in the year ended March 2007 as against Rs 10922.00 crore during the previous year ended March 2006. IPCL is managed by RIL Chairman Mukesh Ambani.

Comments

Got something to say?






Bottom