Oil Country Tubular standalone net profit declines 9.38% in the March 2016 quarter

Sales rise 229.98% to Rs 55.80 crore

Net profit of Oil Country Tubular declined 9.38% to Rs 6.47 crore in the quarter ended March 2016 as against Rs 7.14 crore during the previous quarter ended March 2015. Sales rose 229.98% to Rs 55.80 crore in the quarter ended March 2016 as against Rs 16.91 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 6.60 crore in the year ended March 2016 as against net loss of Rs 2.09 crore during the previous year ended March 2015. Sales declined 31.75% to Rs 137.88 crore in the year ended March 2016 as against Rs 202.01 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales55.8016.91 230 137.88202.01 -32 OPM %18.8558.60 -11.5915.17 - PBDT8.818.80 0 10.7318.13 -41 PBT0.772.39 -68 -12.50-3.72 -236 NP6.477.14 -9 -6.60-2.09 -216

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