Bharat Forge standalone net profit declines 19.03% in the March 2016 quarter

Sales decline 17.42% to Rs 987.07 crore

Net profit of Bharat Forge declined 19.03% to Rs 164.52 crore in the quarter ended March 2016 as against Rs 203.18 crore during the previous quarter ended March 2015. Sales declined 17.42% to Rs 987.07 crore in the quarter ended March 2016 as against Rs 1195.36 crore during the previous quarter ended March 2015.

For the full year,net profit declined 2.49% to Rs 701.06 crore in the year ended March 2016 as against Rs 718.98 crore during the previous year ended March 2015. Sales declined 4.51% to Rs 4211.85 crore in the year ended March 2016 as against Rs 4410.66 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales987.071195.36 -17 4211.854410.66 -5 OPM %30.2130.09 -30.4630.15 - PBDT300.53357.31 -16 1296.571311.46 -1 PBT236.10307.60 -23 1035.191060.95 -2 NP164.52203.18 -19 701.06718.98 -2

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