Kirloskar Electric Company reports standalone net profit of Rs 2.95 crore in the March 2016 quarter

Sales rise 18.68% to Rs 169.91 crore

Net profit of Kirloskar Electric Company reported to Rs 2.95 crore in the quarter ended March 2016 as against net loss of Rs 47.72 crore during the previous quarter ended March 2015. Sales rose 18.68% to Rs 169.91 crore in the quarter ended March 2016 as against Rs 143.17 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 31.13 crore in the year ended March 2016 as against net loss of Rs 129.75 crore during the previous year ended March 2015. Sales rose 7.23% to Rs 547.75 crore in the year ended March 2016 as against Rs 510.81 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales169.91143.17 19 547.75510.81 7 OPM %8.59-9.28 --0.61-10.58 - PBDT6.07-21.19 LP -41.67-94.88 56 PBT2.95-23.89 LP -52.68-105.92 50 NP2.95-47.72 LP -31.13-129.75 76

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