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Manali Petrochemicals reports two-fold rise in Q4 net profit

26 Apr 2012 Evaluate

Manali Petrochemicals has reported results for fourth quarter ended March 31, 2012

On the standalone basis, the company has posted a rise of two fold in its net profit at Rs 17.54 crore for the quarter ended March 31, 2012 as compared to Rs 8.47 crore for the same quarter in the previous year. Total income has increased by 26.61% at Rs 162.16 crore for quarter under review as compared to Rs 128.08 crore for the quarter ended March 31, 2011.

Manali Petrochemical (MPL) established in 1986, is a leader in the production and marketing of propylene glycol and polyols in India.

Peers
Company Name CMP
Godrej Industries 1104.15
SRF 2530.50
BASF India 3539.75
Pidilite Inds. 1511.00
Tata Chemicals 644.10
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