Banco Products (India) standalone net profit rises 389.66% in the March 2016 quarter

Sales rise 30.59% to Rs 134.26 crore

Net profit of Banco Products (India) rose 389.66% to Rs 19.88 crore in the quarter ended March 2016 as against Rs 4.06 crore during the previous quarter ended March 2015. Sales rose 30.59% to Rs 134.26 crore in the quarter ended March 2016 as against Rs 102.81 crore during the previous quarter ended March 2015.

For the full year,net profit rose 97.05% to Rs 82.13 crore in the year ended March 2016 as against Rs 41.68 crore during the previous year ended March 2015. Sales rose 17.84% to Rs 483.60 crore in the year ended March 2016 as against Rs 410.37 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales134.26102.81 31 483.60410.37 18 OPM %18.998.35 -19.1714.63 - PBDT30.9210.81 186 122.6069.95 75 PBT26.005.93 338 103.6153.49 94 NP19.884.06 390 82.1341.68 97

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