IP Rings reports standalone net profit of Rs 1.05 crore in the March 2016 quarter

Sales rise 39.18% to Rs 35.24 crore

Net profit of IP Rings reported to Rs 1.05 crore in the quarter ended March 2016 as against net loss of Rs 0.84 crore during the previous quarter ended March 2015. Sales rose 39.18% to Rs 35.24 crore in the quarter ended March 2016 as against Rs 25.32 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 0.09 crore in the year ended March 2016 as against net loss of Rs 0.49 crore during the previous year ended March 2015. Sales rose 16.67% to Rs 118.17 crore in the year ended March 2016 as against Rs 101.29 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales35.2425.32 39 118.17101.29 17 OPM %14.427.94 -12.7412.65 - PBDT2.870.57 404 7.055.55 27 PBT1.03-1.25 LP 0.12-1.16 LP NP1.05-0.84 LP 0.09-0.49 LP

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