Morarjee Textiles standalone net profit rises 235.19% in the March 2016 quarter

Sales rise 2.04% to Rs 80.54 crore

Net profit of Morarjee Textiles rose 235.19% to Rs 7.24 crore in the quarter ended March 2016 as against Rs 2.16 crore during the previous quarter ended March 2015. Sales rose 2.04% to Rs 80.54 crore in the quarter ended March 2016 as against Rs 78.93 crore during the previous quarter ended March 2015.

For the full year,net profit declined 20.27% to Rs 16.52 crore in the year ended March 2016 as against Rs 20.72 crore during the previous year ended March 2015. Sales declined 7.53% to Rs 332.50 crore in the year ended March 2016 as against Rs 359.58 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales80.5478.93 2 332.50359.58 -8 OPM %18.5012.82 -16.6816.87 - PBDT9.756.40 52 33.5641.96 -20 PBT7.203.99 80 23.6032.40 -27 NP7.242.16 235 16.5220.72 -20

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