Results     28-May-11
Announcements
Hitech Plast net profit declines 17.52% in the March 2011 quarter
Sales rise 35.67% to Rs 51.65 crore
Net profit of Hitech Plast declined 17.52% to Rs 1.93 crore in the quarter ended March 2011 as against Rs 2.34 crore during the previous quarter ended March 2010. Sales rose 35.67% to Rs 51.65 crore in the quarter ended March 2011 as against Rs 38.07 crore during the previous quarter ended March 2010.

For the audited full year, net profit declined 13.82% to Rs 11.85 crore in the year ended March 2011 as against Rs 13.75 crore during the previous year ended March 2010. Sales rose 28.41% to Rs 203.92 crore in the year ended March 2011 as against Rs 158.80 crore during the previous year ended March 2010.

ParticularsQuarter EndedYear Ended
 Mar. 2011Mar. 2010% Var.Mar. 2011Mar. 2010% Var.
Sales51.6538.07 36 203.92158.80 28
OPM %12.6014.79 -15 15.0117.55 -14
PBDT4.174.51 -8 21.9023.52 -7
PBT2.593.65 -29 16.1720.06 -19
NP1.932.34 -18 11.8513.75 -14

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