Premier Pipes standalone net profit rises 200.00% in the March 2016 quarter

Sales decline 37.53% to Rs 4.91 crore

Net profit of Premier Pipes rose 200.00% to Rs 0.06 crore in the quarter ended March 2016 as against Rs 0.02 crore during the previous quarter ended March 2015. Sales declined 37.53% to Rs 4.91 crore in the quarter ended March 2016 as against Rs 7.86 crore during the previous quarter ended March 2015.

For the full year,net profit rose 11.11% to Rs 0.30 crore in the year ended March 2016 as against Rs 0.27 crore during the previous year ended March 2015. Sales declined 8.08% to Rs 31.30 crore in the year ended March 2016 as against Rs 34.05 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales4.917.86 -38 31.3034.05 -8 OPM %4.07-0.38 -4.543.61 - PBDT0.180 0 0.750.70 7 PBT0.100.03 233 0.440.39 13 NP0.060.02 200 0.300.27 11

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