NELCO reports standalone net profit of Rs 0.26 crore in the March 2016 quarter

Sales decline 18.27% to Rs 22.10 crore

Net profit of NELCO reported to Rs 0.26 crore in the quarter ended March 2016 as against net loss of Rs 0.66 crore during the previous quarter ended March 2015. Sales declined 18.27% to Rs 22.10 crore in the quarter ended March 2016 as against Rs 27.04 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 5.12 crore in the year ended March 2016 as against net profit of Rs 1.29 crore during the previous year ended September 2014. Sales rose 36.20% to Rs 139.62 crore in the year ended March 2016 as against Rs 102.51 crore during the previous year ended September 2014.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Sep. 2014% Var.Sales22.1027.04 -18 139.62102.51 36 OPM %11.639.99 -9.160.24 - PBDT1.681.11 51 4.86-5.41 LP PBT0.26-0.66 LP -6.27-11.12 44 NP0.26-0.66 LP -5.121.29 PL

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