Nahar Industrial Enterprises reports standalone net profit of Rs 23.97 crore in the March 2016 quarter

Sales rise 15.95% to Rs 491.48 crore

Net profit of Nahar Industrial Enterprises reported to Rs 23.97 crore in the quarter ended March 2016 as against net loss of Rs 3.76 crore during the previous quarter ended March 2015. Sales rose 15.95% to Rs 491.48 crore in the quarter ended March 2016 as against Rs 423.86 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 42.90 crore in the year ended March 2016 as against net loss of Rs 28.01 crore during the previous year ended March 2015. Sales declined 1.05% to Rs 1763.47 crore in the year ended March 2016 as against Rs 1782.19 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales491.48423.86 16 1763.471782.19 -1 OPM %14.6111.82 -12.4311.18 - PBDT51.4326.59 93 146.05107.99 35 PBT29.45-4.49 LP 56.08-27.25 LP NP23.97-3.76 LP 42.90-28.01 LP

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