Poddar Housing & Development consolidated net profit declines 4.78% in the March 2016 quarter

Sales rise 603.26% to Rs 58.23 crore

Net profit of Poddar Housing & Development declined 4.78% to Rs 3.19 crore in the quarter ended March 2016 as against Rs 3.35 crore during the previous quarter ended March 2015. Sales rose 603.26% to Rs 58.23 crore in the quarter ended March 2016 as against Rs 8.28 crore during the previous quarter ended March 2015.

For the full year,net profit declined 23.13% to Rs 16.65 crore in the year ended March 2016 as against Rs 21.66 crore during the previous year ended March 2015. Sales rose 25.40% to Rs 133.33 crore in the year ended March 2016 as against Rs 106.32 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales58.238.28 603 133.33106.32 25 OPM %8.0737.92 -12.1228.11 - PBDT7.014.87 44 25.4432.62 -22 PBT6.774.67 45 24.6231.70 -22 NP3.193.35 -5 16.6521.66 -23

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