Acknit Industries standalone net profit declines 21.84% in the March 2016 quarter

Sales rise 4.65% to Rs 40.92 crore

Net profit of Acknit Industries declined 21.84% to Rs 0.68 crore in the quarter ended March 2016 as against Rs 0.87 crore during the previous quarter ended March 2015. Sales rose 4.65% to Rs 40.92 crore in the quarter ended March 2016 as against Rs 39.10 crore during the previous quarter ended March 2015.

For the full year,net profit rose 0.66% to Rs 3.03 crore in the year ended March 2016 as against Rs 3.01 crore during the previous year ended March 2015. Sales rose 7.43% to Rs 148.77 crore in the year ended March 2016 as against Rs 138.48 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales40.9239.10 5 148.77138.48 7 OPM %6.892.17 -7.103.78 - PBDT1.951.67 17 6.765.85 16 PBT1.381.23 12 4.904.40 11 NP0.680.87 -22 3.033.01 1

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