Navneet Education standalone net profit declines 22.49% in the March 2016 quarter

Sales rise 0.38% to Rs 183.83 crore

Net profit of Navneet Education declined 22.49% to Rs 12.13 crore in the quarter ended March 2016 as against Rs 15.65 crore during the previous quarter ended March 2015. Sales rose 0.38% to Rs 183.83 crore in the quarter ended March 2016 as against Rs 183.13 crore during the previous quarter ended March 2015.

For the full year,net profit declined 1.16% to Rs 127.80 crore in the year ended March 2016 as against Rs 129.30 crore during the previous year ended March 2015. Sales declined 2.98% to Rs 930.21 crore in the year ended March 2016 as against Rs 958.76 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales183.83183.13 0 930.21958.76 -3 OPM %13.2218.03 -22.1524.33 - PBDT26.6131.59 -16 221.16226.74 -2 PBT19.3823.99 -19 194.40198.55 -2 NP12.1315.65 -22 127.80129.30 -1

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