HBL Power Systems standalone net profit declines 74.60% in the March 2016 quarter

Sales decline 6.93% to Rs 321.10 crore

Net profit of HBL Power Systems declined 74.60% to Rs 2.21 crore in the quarter ended March 2016 as against Rs 8.70 crore during the previous quarter ended March 2015. Sales declined 6.93% to Rs 321.10 crore in the quarter ended March 2016 as against Rs 345.01 crore during the previous quarter ended March 2015.

For the full year,net profit rose 32.90% to Rs 19.43 crore in the year ended March 2016 as against Rs 14.62 crore during the previous year ended March 2015. Sales declined 3.14% to Rs 1288.36 crore in the year ended March 2016 as against Rs 1330.07 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales321.10345.01 -7 1288.361330.07 -3 OPM %10.8813.04 -10.2410.94 - PBDT29.1834.17 -15 91.3291.40 0 PBT16.7822.66 -26 41.7340.36 3 NP2.218.70 -75 19.4314.62 33

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