Patspin India reports standalone net profit of Rs 0.29 crore in the March 2016 quarter

Sales decline 23.44% to Rs 112.55 crore

Net profit of Patspin India reported to Rs 0.29 crore in the quarter ended March 2016 as against net loss of Rs 1.03 crore during the previous quarter ended March 2015. Sales declined 23.44% to Rs 112.55 crore in the quarter ended March 2016 as against Rs 147.00 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 0.78 crore in the year ended March 2016 as against net loss of Rs 6.48 crore during the previous year ended March 2015. Sales declined 10.95% to Rs 482.06 crore in the year ended March 2016 as against Rs 541.31 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales112.55147.00 -23 482.06541.31 -11 OPM %11.094.91 -10.026.26 - PBDT3.110.19 1537 12.764.21 203 PBT0.08-2.77 LP 0.57-8.22 LP NP0.29-1.03 LP 0.78-6.48 LP

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