Majestic Auto standalone net profit declines 43.31% in the March 2016 quarter

Sales rise 84.50% to Rs 47.25 crore

Net profit of Majestic Auto declined 43.31% to Rs 8.09 crore in the quarter ended March 2016 as against Rs 14.27 crore during the previous quarter ended March 2015. Sales rose 84.50% to Rs 47.25 crore in the quarter ended March 2016 as against Rs 25.61 crore during the previous quarter ended March 2015.

For the full year,net profit declined 64.72% to Rs 9.30 crore in the year ended March 2016 as against Rs 26.36 crore during the previous year ended March 2015. Sales rose 16.08% to Rs 109.95 crore in the year ended March 2016 as against Rs 94.72 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales47.2525.61 84 109.9594.72 16 OPM %7.72-37.41 -1.70-18.29 - PBDT3.72-9.44 LP -5.50-13.60 60 PBT-0.67-14.01 95 -22.90-31.31 27 NP8.0914.27 -43 9.3026.36 -65

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