M M Forgings standalone net profit declines 1.35% in the March 2016 quarter

Sales decline 0.66% to Rs 122.49 crore

Net profit of M M Forgings declined 1.35% to Rs 10.97 crore in the quarter ended March 2016 as against Rs 11.12 crore during the previous quarter ended March 2015. Sales declined 0.66% to Rs 122.49 crore in the quarter ended March 2016 as against Rs 123.30 crore during the previous quarter ended March 2015.

For the full year,net profit declined 0.91% to Rs 50.09 crore in the year ended March 2016 as against Rs 50.55 crore during the previous year ended March 2015. Sales declined 0.09% to Rs 489.06 crore in the year ended March 2016 as against Rs 489.50 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales122.49123.30 -1 489.06489.50 0 OPM %20.8621.71 -22.0922.63 - PBDT24.8724.90 0 104.56104.05 0 PBT16.0616.52 -3 68.7568.67 0 NP10.9711.12 -1 50.0950.55 -1

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