Kavita Fabrics standalone net profit declines 50.00% in the March 2016 quarter

Sales decline 44.06% to Rs 1.46 crore

Net profit of Kavita Fabrics declined 50.00% to Rs 0.02 crore in the quarter ended March 2016 as against Rs 0.04 crore during the previous quarter ended March 2015. Sales declined 44.06% to Rs 1.46 crore in the quarter ended March 2016 as against Rs 2.61 crore during the previous quarter ended March 2015.

For the full year,net profit declined 10.00% to Rs 0.09 crore in the year ended March 2016 as against Rs 0.10 crore during the previous year ended March 2015. Sales declined 22.95% to Rs 8.56 crore in the year ended March 2016 as against Rs 11.11 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1.462.61 -44 8.5611.11 -23 OPM %4.794.60 -3.393.15 - PBDT0.050.10 -50 0.240.27 -11 PBT0.020.05 -60 0.120.13 -8 NP0.020.04 -50 0.090.10 -10

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