G G Automotive Gears standalone net profit declines 75.68% in the March 2016 quarter

Sales rise 10.61% to Rs 10.53 crore

Net profit of G G Automotive Gears declined 75.68% to Rs 0.09 crore in the quarter ended March 2016 as against Rs 0.37 crore during the previous quarter ended March 2015. Sales rose 10.61% to Rs 10.53 crore in the quarter ended March 2016 as against Rs 9.52 crore during the previous quarter ended March 2015.

For the full year,net profit declined 46.81% to Rs 0.25 crore in the year ended March 2016 as against Rs 0.47 crore during the previous year ended March 2015. Sales declined 2.71% to Rs 21.55 crore in the year ended March 2016 as against Rs 22.15 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales10.539.52 11 21.5522.15 -3 OPM %7.983.78 -10.4911.56 - PBDT0.700.31 126 1.851.95 -5 PBT0.310.58 -47 0.520.69 -25 NP0.090.37 -76 0.250.47 -47

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