Hindustan Wires standalone net profit rises 574.51% in the March 2016 quarter

Sales decline 10.00% to Rs 0.99 crore

Net profit of Hindustan Wires rose 574.51% to Rs 3.44 crore in the quarter ended March 2016 as against Rs 0.51 crore during the previous quarter ended March 2015. Sales declined 10.00% to Rs 0.99 crore in the quarter ended March 2016 as against Rs 1.10 crore during the previous quarter ended March 2015.

For the full year,net profit rose 208.24% to Rs 5.24 crore in the year ended March 2016 as against Rs 1.70 crore during the previous year ended March 2015. Sales declined 13.24% to Rs 4.39 crore in the year ended March 2016 as against Rs 5.06 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.991.10 -10 4.395.06 -13 OPM %-3.0317.27 -19.1323.72 - PBDT0.550.70 -21 2.702.16 25 PBT0.440.51 -14 2.241.70 32 NP3.440.51 575 5.241.70 208

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