Bimetal Bearings standalone net profit declines 39.02% in the March 2016 quarter

Sales decline 6.96% to Rs 35.98 crore

Net profit of Bimetal Bearings declined 39.02% to Rs 2.00 crore in the quarter ended March 2016 as against Rs 3.28 crore during the previous quarter ended March 2015. Sales declined 6.96% to Rs 35.98 crore in the quarter ended March 2016 as against Rs 38.67 crore during the previous quarter ended March 2015.

For the full year,net profit declined 7.53% to Rs 5.16 crore in the year ended March 2016 as against Rs 5.58 crore during the previous year ended March 2015. Sales declined 8.44% to Rs 138.47 crore in the year ended March 2016 as against Rs 151.23 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales35.9838.67 -7 138.47151.23 -8 OPM %8.896.52 -5.844.12 - PBDT3.453.64 -5 11.3511.62 -2 PBT2.693.81 -29 7.407.37 0 NP2.003.28 -39 5.165.58 -8

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