Majestic Auto consolidated net profit declines 32.05% in the March 2016 quarter

Sales rise 104.52% to Rs 53.44 crore

Net profit of Majestic Auto declined 32.05% to Rs 9.50 crore in the quarter ended March 2016 as against Rs 13.98 crore during the previous quarter ended March 2015. Sales rose 104.52% to Rs 53.44 crore in the quarter ended March 2016 as against Rs 26.13 crore during the previous quarter ended March 2015.

For the full year,net profit declined 54.11% to Rs 10.88 crore in the year ended March 2016 as against Rs 23.71 crore during the previous year ended March 2015. Sales rose 27.72% to Rs 123.90 crore in the year ended March 2016 as against Rs 97.01 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales53.4426.13 105 123.9097.01 28 OPM %8.50-38.77 -0.43-19.88 - PBDT6.87-9.91 LP -0.30-15.49 98 PBT1.44-14.30 LP -20.50-33.96 40 NP9.5013.98 -32 10.8823.71 -54

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