Rajratan Global Wire standalone net profit rises 53.47% in the March 2016 quarter

Sales decline 27.05% to Rs 45.48 crore

Net profit of Rajratan Global Wire rose 53.47% to Rs 3.76 crore in the quarter ended March 2016 as against Rs 2.45 crore during the previous quarter ended March 2015. Sales declined 27.05% to Rs 45.48 crore in the quarter ended March 2016 as against Rs 62.34 crore during the previous quarter ended March 2015.

For the full year,net profit rose 51.10% to Rs 9.64 crore in the year ended March 2016 as against Rs 6.38 crore during the previous year ended March 2015. Sales declined 13.46% to Rs 206.66 crore in the year ended March 2016 as against Rs 238.81 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales45.4862.34 -27 206.66238.81 -13 OPM %18.219.67 -11.888.66 - PBDT6.623.88 71 17.7112.61 40 PBT5.863.86 52 14.639.56 53 NP3.762.45 53 9.646.38 51

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