International Conveyors standalone net profit rises 112.75% in the March 2016 quarter

Sales decline 37.12% to Rs 18.43 crore

Net profit of International Conveyors rose 112.75% to Rs 2.17 crore in the quarter ended March 2016 as against Rs 1.02 crore during the previous quarter ended March 2015. Sales declined 37.12% to Rs 18.43 crore in the quarter ended March 2016 as against Rs 29.31 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 1.28 crore in the year ended March 2016 as against net profit of Rs 4.28 crore during the previous year ended March 2015. Sales declined 22.74% to Rs 75.11 crore in the year ended March 2016 as against Rs 97.22 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales18.4329.31 -37 75.1197.22 -23 OPM %19.4210.92 -4.1912.92 - PBDT2.902.56 13 1.2711.00 -88 PBT2.521.34 88 -2.096.20 PL NP2.171.02 113 -1.284.28 PL

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