Investment & Precision Castings standalone net profit rises 75.00% in the March 2016 quarter

Sales rise 18.95% to Rs 21.78 crore

Net profit of Investment & Precision Castings rose 75.00% to Rs 0.70 crore in the quarter ended March 2016 as against Rs 0.40 crore during the previous quarter ended March 2015. Sales rose 18.95% to Rs 21.78 crore in the quarter ended March 2016 as against Rs 18.31 crore during the previous quarter ended March 2015.

For the full year,net profit rose 33.02% to Rs 2.86 crore in the year ended March 2016 as against Rs 2.15 crore during the previous year ended March 2015. Sales rose 11.08% to Rs 82.49 crore in the year ended March 2016 as against Rs 74.26 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales21.7818.31 19 82.4974.26 11 OPM %16.1213.87 -15.7614.48 - PBDT2.251.73 30 9.127.37 24 PBT1.100.64 72 4.463.09 44 NP0.700.40 75 2.862.15 33

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