Manaksia Coated Metals & Industries standalone net profit declines 83.33% in the March 2017 quarter

Sales decline 19.49% to Rs 56.36 crore

Net profit of Manaksia Coated Metals & Industries declined 83.33% to Rs 0.37 crore in the quarter ended March 2017 as against Rs 2.22 crore during the previous quarter ended March 2016. Sales declined 19.49% to Rs 56.36 crore in the quarter ended March 2017 as against Rs 70.00 crore during the previous quarter ended March 2016.

For the full year,net profit declined 65.75% to Rs 1.00 crore in the year ended March 2017 as against Rs 2.92 crore during the previous year ended March 2016. Sales rose 13.38% to Rs 253.98 crore in the year ended March 2017 as against Rs 224.01 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales56.3670.00 -19 253.98224.01 13 OPM %4.6815.84 -4.825.49 - PBDT3.045.95 -49 11.4812.45 -8 PBT1.063.81 -72 3.322.57 29 NP0.372.22 -83 1.002.92 -66

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