GTV Engineering standalone net profit declines 57.14% in the March 2016 quarter

Sales rise 4.74% to Rs 11.70 crore

Net profit of GTV Engineering declined 57.14% to Rs 0.12 crore in the quarter ended March 2016 as against Rs 0.28 crore during the previous quarter ended March 2015. Sales rose 4.74% to Rs 11.70 crore in the quarter ended March 2016 as against Rs 11.17 crore during the previous quarter ended March 2015.

For the full year,net profit declined 20.00% to Rs 0.32 crore in the year ended March 2016 as against Rs 0.40 crore during the previous year ended March 2015. Sales declined 16.59% to Rs 27.80 crore in the year ended March 2016 as against Rs 33.33 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales11.7011.17 5 27.8033.33 -17 OPM %4.105.10 -5.403.81 - PBDT0.490.69 -29 1.051.10 -5 PBT0.290.44 -34 0.490.56 -13 NP0.120.28 -57 0.320.40 -20

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