GTN Industries reports standalone net profit of Rs 7.16 crore in the March 2016 quarter

Sales decline 21.93% to Rs 62.28 crore

Net profit of GTN Industries reported to Rs 7.16 crore in the quarter ended March 2016 as against net loss of Rs 1.49 crore during the previous quarter ended March 2015. Sales declined 21.93% to Rs 62.28 crore in the quarter ended March 2016 as against Rs 79.77 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 4.42 crore in the year ended March 2016 as against net loss of Rs 12.54 crore during the previous year ended March 2015. Sales declined 31.70% to Rs 261.72 crore in the year ended March 2016 as against Rs 383.21 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales62.2879.77 -22 261.72383.21 -32 OPM %9.383.20 -8.373.43 - PBDT1.71-0.34 LP 5.69-5.40 LP PBT6.94-2.37 LP 4.46-14.12 LP NP7.16-1.49 LP -4.42-12.54 65

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