Minaxi Textiles standalone net profit declines 94.67% in the March 2016 quarter

Sales decline 24.26% to Rs 15.30 crore

Net profit of Minaxi Textiles declined 94.67% to Rs 0.04 crore in the quarter ended March 2016 as against Rs 0.75 crore during the previous quarter ended March 2015. Sales declined 24.26% to Rs 15.30 crore in the quarter ended March 2016 as against Rs 20.20 crore during the previous quarter ended March 2015.

For the full year,net profit rose 1.32% to Rs 1.54 crore in the year ended March 2016 as against Rs 1.52 crore during the previous year ended March 2015. Sales declined 0.57% to Rs 54.17 crore in the year ended March 2016 as against Rs 54.48 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales15.3020.20 -24 54.1754.48 -1 OPM %5.8211.73 -11.7011.95 - PBDT0.301.76 -83 3.664.07 -10 PBT-0.170.96 PL 1.772.18 -19 NP0.040.75 -95 1.541.52 1

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