National Peroxide net profit declines 42.20% in the September 2011 quarter

Sales decline 9.86% to Rs 38.95 crore

Net profit of National Peroxide declined 42.20% to Rs 7.74 crore in the quarter ended September 2011 as against Rs 13.39 crore during the previous quarter ended September 2010. Sales declined 9.86% to Rs 38.95 crore in the quarter ended September 2011 as against Rs 43.21 crore during the previous quarter ended September 2010.
Particulars     Quarter Ended
     Sep. 2011     Sep. 2010     % Var.
Sales     38.95     43.21     -10
OPM %     33.71     47.63     -29
PBDT     13.54     20.92     -35
PBT     11.21     18.82     -40
NP     7.74     13.39     -42

Originally posted by rapidriser Originally posted by shontou National Peroxide net profit declines 42.20% in the September 2011 quarter Sales decline 9.86% to Rs 38.95 crore       This is a typical cyclical business. Timing is everything - both entry and exit.

The plant was closed for expansion and commercial production started from 1st Sept hence the results also needs to be seen in that light.