Precision Electronics standalone net profit rises 421.43% in the March 2017 quarter

Sales decline 3.53% to Rs 10.38 crore

Net profit of Precision Electronics rose 421.43% to Rs 3.65 crore in the quarter ended March 2017 as against Rs 0.70 crore during the previous quarter ended March 2016. Sales declined 3.53% to Rs 10.38 crore in the quarter ended March 2017 as against Rs 10.76 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 0.06 crore in the year ended March 2017 as against net loss of Rs 1.95 crore during the previous year ended March 2016. Sales declined 6.56% to Rs 24.06 crore in the year ended March 2017 as against Rs 25.75 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales10.3810.76 -4 24.0625.75 -7 OPM %60.6011.52 -11.06-1.98 - PBDT6.231.01 517 1.82-1.33 LP PBT5.970.73 718 0.75-2.50 LP NP3.650.70 421 0.06-1.95 LP

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