Mahanagar Telephone Nigam reports standalone net profit of Rs 174.58 crore in the March 2016 quarter

Sales decline 4.51% to Rs 833.66 crore

Net profit of Mahanagar Telephone Nigam reported to Rs 174.58 crore in the quarter ended March 2016 as against net loss of Rs 595.11 crore during the previous quarter ended March 2015. Sales declined 4.51% to Rs 833.66 crore in the quarter ended March 2016 as against Rs 873.01 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 2005.74 crore in the year ended March 2016 as against net loss of Rs 2893.39 crore during the previous year ended March 2015. Sales declined 5.96% to Rs 3184.52 crore in the year ended March 2016 as against Rs 3386.52 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales833.66873.01 -5 3184.523386.52 -6 OPM %-25.69-29.13 --25.47-21.15 - PBDT-5.46-307.21 98 -1364.65-1734.80 21 PBT-317.68-595.11 47 -2498.00-2893.39 14 NP174.58-595.11 LP -2005.74-2893.39 31

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