Bharat Wire Ropes reports standalone net profit of Rs 0.48 crore in the March 2016 quarter

Sales decline 31.50% to Rs 12.05 crore

Net profit of Bharat Wire Ropes reported to Rs 0.48 crore in the quarter ended March 2016 as against net loss of Rs 0.91 crore during the previous quarter ended March 2015. Sales declined 31.50% to Rs 12.05 crore in the quarter ended March 2016 as against Rs 17.59 crore during the previous quarter ended March 2015.

For the full year,net profit rose 306.06% to Rs 1.34 crore in the year ended March 2016 as against Rs 0.33 crore during the previous year ended March 2015. Sales declined 20.80% to Rs 59.97 crore in the year ended March 2016 as against Rs 75.72 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales12.0517.59 -31 59.9775.72 -21 OPM %18.4216.15 -13.7112.22 - PBDT1.362.02 -33 4.505.54 -19 PBT0.791.44 -45 2.213.09 -28 NP0.48-0.91 LP 1.340.33 306

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