KIC Metaliks reports standalone net profit of Rs 0.34 crore in the March 2016 quarter

Sales decline 28.54% to Rs 117.64 crore

Net profit of KIC Metaliks reported to Rs 0.34 crore in the quarter ended March 2016 as against net loss of Rs 0.31 crore during the previous quarter ended March 2015. Sales declined 28.54% to Rs 117.64 crore in the quarter ended March 2016 as against Rs 164.62 crore during the previous quarter ended March 2015.

For the full year,net profit declined 57.63% to Rs 0.75 crore in the year ended March 2016 as against Rs 1.77 crore during the previous year ended March 2015. Sales declined 26.69% to Rs 312.26 crore in the year ended March 2016 as against Rs 425.97 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales117.64164.62 -29 312.26425.97 -27 OPM %2.10-1.37 -4.370.70 - PBDT2.31-0.18 LP 9.349.16 2 PBT0.20-2.38 LP 0.710.22 223 NP0.34-0.31 LP 0.751.77 -58

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