Deepak Spinners standalone net profit rises 20.99% in the March 2016 quarter

Sales decline 16.69% to Rs 87.98 crore

Net profit of Deepak Spinners rose 20.99% to Rs 4.38 crore in the quarter ended March 2016 as against Rs 3.62 crore during the previous quarter ended March 2015. Sales declined 16.69% to Rs 87.98 crore in the quarter ended March 2016 as against Rs 105.60 crore during the previous quarter ended March 2015.

For the full year,net profit rose 75.78% to Rs 15.68 crore in the year ended March 2016 as against Rs 8.92 crore during the previous year ended March 2015. Sales declined 7.77% to Rs 399.40 crore in the year ended March 2016 as against Rs 433.06 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales87.98105.60 -17 399.40433.06 -8 OPM %12.458.14 -10.628.17 - PBDT10.247.61 35 35.1925.66 37 PBT6.634.12 61 21.6511.54 88 NP4.383.62 21 15.688.92 76

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