Cranex standalone net profit declines 50.00% in the March 2016 quarter

Sales rise 28.50% to Rs 12.22 crore

Net profit of Cranex declined 50.00% to Rs 0.11 crore in the quarter ended March 2016 as against Rs 0.22 crore during the previous quarter ended March 2015. Sales rose 28.50% to Rs 12.22 crore in the quarter ended March 2016 as against Rs 9.51 crore during the previous quarter ended March 2015.

For the full year,net profit declined 17.50% to Rs 0.33 crore in the year ended March 2016 as against Rs 0.40 crore during the previous year ended March 2015. Sales rose 7.73% to Rs 21.74 crore in the year ended March 2016 as against Rs 20.18 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales12.229.51 28 21.7420.18 8 OPM %4.911.47 -4.423.07 - PBDT0.160.47 -66 0.620.78 -21 PBT0.110.42 -74 0.470.60 -22 NP0.110.22 -50 0.330.40 -18

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