Crimson Metal Engineering Company standalone net profit declines 78.57% in the March 2017 quarter

Sales decline 56.27% to Rs 8.47 crore

Net profit of Crimson Metal Engineering Company declined 78.57% to Rs 0.03 crore in the quarter ended March 2017 as against Rs 0.14 crore during the previous quarter ended March 2016. Sales declined 56.27% to Rs 8.47 crore in the quarter ended March 2017 as against Rs 19.37 crore during the previous quarter ended March 2016.

For the full year,net profit rose 12.24% to Rs 0.55 crore in the year ended March 2017 as against Rs 0.49 crore during the previous year ended March 2016. Sales rose 0.59% to Rs 45.99 crore in the year ended March 2017 as against Rs 45.72 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales8.4719.37 -56 45.9945.72 1 OPM %13.815.78 -7.466.67 - PBDT0.190.35 -46 0.820.78 5 PBT0.190.35 -46 0.820.78 5 NP0.030.14 -79 0.550.49 12

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