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.