Kiran Vyapar consolidated net profit declines 94.23% in the March 2016 quarter

Sales decline 47.82% to Rs 5.38 crore

Net profit of Kiran Vyapar declined 94.23% to Rs 2.05 crore in the quarter ended March 2016 as against Rs 35.50 crore during the previous quarter ended March 2015. Sales declined 47.82% to Rs 5.38 crore in the quarter ended March 2016 as against Rs 10.31 crore during the previous quarter ended March 2015.

For the full year,net profit declined 50.29% to Rs 34.85 crore in the year ended March 2016 as against Rs 70.10 crore during the previous year ended March 2015. Sales declined 3.30% to Rs 32.80 crore in the year ended March 2016 as against Rs 33.92 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales5.3810.31 -48 32.8033.92 -3 OPM %145.54266.25 -145.58177.21 - PBDT9.1728.18 -67 49.7265.52 -24 PBT8.5327.82 -69 47.7864.57 -26 NP2.0535.50 -94 34.8570.10 -50

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