Net profit of Manali Petrochemical declined 68.24% to Rs 1.68 crore in the quarter ended March 2008 as against Rs 5.29 crore during the previous quarter ended March 2007. Sales rose 1.76% to Rs 81.43 crore in the quarter ended March 2008 as against Rs 80.02 crore during the previous quarter ended March 2007.
For the full year, net profit declined 59.91% to Rs 6.01 crore in the yearended March 2008 as against Rs 14.99 crore during the previous year ended March 2007. Sales rose 2.63% to Rs 323.47 crore in the year ended March 2008 as against Rs 315.18 crore during the previous year ended March 2007.
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