IG Petrochemicals Q1 PAT rises 3.4%

During the quarter under review, EBITDA were at Rs.47 crore compared with Rs.48 crore.

Aug 17, 2016 03:08 IST India Infoline News Service

Dalal Street
IG Petrochemicals Ltd has reported results for the quarter ended June 30, 2016:

The company recorded a rose of 3.4% in its net profit at Rs.30 crore for the quarter ended June 30, 2016 as compared to Rs.29 crore for the quarter ended June 30, 2015. The company's revenue has decreased by 9.8% at Rs.256 crore for the quarter against Rs.284 crore in the corresponding quarter of the previous year.

During the quarter under review, EBITDA were at Rs.47 crore compared with Rs.48 crore.

Its EBIDTA Margin stood at 18.3% versus 16.8%.

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