Linc Pen’s Q4 net profit tumbles 62%

Linc Pen & Plastics has reported results for the quarter and year ended March 31, 2012.

The company’s net profit for the fourth quarter ended March 31, 2012 fell by 62.10% to Rs 0.83 crore as compared to Rs 2.19 crore for the quarter ended March 31, 2011. However, the total income has increased by 18.64% to Rs 78.42 crore for the quarter under review from Rs 66.10 crore for the corresponding quarter of the previous year.

For the year ended March 31, 2012, the company’s net profit declined by 79.76% to Rs 1.70 crore as compared to Rs 8.40 crore for the previous year. However, the company’s total income has increased by 8.44% to Rs 275.05 crore for the year from Rs 253.65 crore in the previous year.