Mid India Industries standalone net profit declines 96.15% in the March 2016 quarter

Sales decline 37.21% to Rs 5.50 crore

Net profit of Mid India Industries declined 96.15% to Rs 0.01 crore in the quarter ended March 2016 as against Rs 0.26 crore during the previous quarter ended March 2015. Sales declined 37.21% to Rs 5.50 crore in the quarter ended March 2016 as against Rs 8.76 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 0.85 crore in the year ended March 2016 as against net profit of Rs 0.12 crore during the previous year ended March 2015. Sales declined 20.94% to Rs 23.10 crore in the year ended March 2016 as against Rs 29.22 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales5.508.76 -37 23.1029.22 -21 OPM %0.183.65 --3.071.40 - PBDT0.070.31 -77 -0.610.39 PL PBT0.010.28 -96 -0.850.15 PL NP0.010.26 -96 -0.850.12 PL

Powered by Capital Market - Live News