Gujarat Automotive Gears standalone net profit declines 15.15% in the March 2016 quarter

Sales rise 0.94% to Rs 7.53 crore

Net profit of Gujarat Automotive Gears declined 15.15% to Rs 1.12 crore in the quarter ended March 2016 as against Rs 1.32 crore during the previous quarter ended March 2015. Sales rose 0.94% to Rs 7.53 crore in the quarter ended March 2016 as against Rs 7.46 crore during the previous quarter ended March 2015.

For the full year,net profit declined 13.68% to Rs 4.10 crore in the year ended March 2016 as against Rs 4.75 crore during the previous year ended March 2015. Sales declined 15.48% to Rs 25.11 crore in the year ended March 2016 as against Rs 29.71 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales7.537.46 1 25.1129.71 -15 OPM %17.1321.31 -18.7620.46 - PBDT1.711.98 -14 6.467.43 -13 PBT1.641.93 -15 6.177.04 -12 NP1.121.32 -15 4.104.75 -14

Powered by Capital Market - Live News