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Patel Engineering standalone net profit declines 44.60% in the March 2015 quarter

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Capital Market
Last Updated : Jun 17 2015 | 12:01 AM IST

Sales decline 21.95% to Rs 684.27 crore

Net profit of Patel Engineering declined 44.60% to Rs 8.87 crore in the quarter ended March 2015 as against Rs 16.01 crore during the previous quarter ended March 2014. Sales declined 21.95% to Rs 684.27 crore in the quarter ended March 2015 as against Rs 876.76 crore during the previous quarter ended March 2014.

For the full year,net profit declined 52.42% to Rs 11.89 crore in the year ended March 2015 as against Rs 24.99 crore during the previous year ended March 2014. Sales declined 10.77% to Rs 2399.24 crore in the year ended March 2015 as against Rs 2688.81 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales684.27876.76 -22 2399.242688.81 -11 OPM %15.9710.36 -17.9513.86 - PBDT24.8236.07 -31 73.7990.47 -18 PBT11.3522.94 -51 21.8736.24 -40 NP8.8716.01 -45 11.8924.99 -52

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First Published: Jun 16 2015 | 11:53 AM IST

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