Hitachi Home & Life Solutions (India) standalone net profit declines 44.45% in the March 2016 quarter

Sales decline 15.99% to Rs 411.58 crore

Net profit of Hitachi Home & Life Solutions (India) declined 44.45% to Rs 13.36 crore in the quarter ended March 2016 as against Rs 24.05 crore during the previous quarter ended March 2015. Sales declined 15.99% to Rs 411.58 crore in the quarter ended March 2016 as against Rs 489.94 crore during the previous quarter ended March 2015.

For the full year,net profit declined 35.73% to Rs 49.98 crore in the year ended March 2016 as against Rs 77.76 crore during the previous year ended March 2015. Sales rose 5.55% to Rs 1645.68 crore in the year ended March 2016 as against Rs 1559.09 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales411.58489.94 -16 1645.681559.09 6 OPM %8.189.31 -7.468.86 - PBDT31.2643.63 -28 114.40136.94 -16 PBT18.7932.45 -42 68.85101.01 -32 NP13.3624.05 -44 49.9877.76 -36

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