Continental Petroleums standalone net profit declines 65.38% in the March 2016 quarter

Sales decline 34.12% to Rs 4.73 crore

Net profit of Continental Petroleums declined 65.38% to Rs 0.09 crore in the quarter ended March 2016 as against Rs 0.26 crore during the previous quarter ended March 2015. Sales declined 34.12% to Rs 4.73 crore in the quarter ended March 2016 as against Rs 7.18 crore during the previous quarter ended March 2015.

For the full year,net profit declined 20.31% to Rs 0.51 crore in the year ended March 2016 as against Rs 0.64 crore during the previous year ended March 2015. Sales declined 17.50% to Rs 20.56 crore in the year ended March 2016 as against Rs 24.92 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales4.737.18 -34 20.5624.92 -18 OPM %4.235.43 -5.014.61 - PBDT0.180.33 -45 0.911.00 -9 PBT0.120.30 -60 0.730.84 -13 NP0.090.26 -65 0.510.64 -20

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