Ratnamani Metals & Tubes standalone net profit rises 42.86% in the March 2016 quarter

Sales rise 35.16% to Rs 494.12 crore

Net profit of Ratnamani Metals & Tubes rose 42.86% to Rs 46.13 crore in the quarter ended March 2016 as against Rs 32.29 crore during the previous quarter ended March 2015. Sales rose 35.16% to Rs 494.12 crore in the quarter ended March 2016 as against Rs 365.59 crore during the previous quarter ended March 2015.

For the full year,net profit declined 5.68% to Rs 162.72 crore in the year ended March 2016 as against Rs 172.51 crore during the previous year ended March 2015. Sales rose 3.06% to Rs 1671.34 crore in the year ended March 2016 as against Rs 1621.75 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales494.12365.59 35 1671.341621.75 3 OPM %16.8515.27 -17.0318.46 - PBDT84.6760.35 40 294.00315.09 -7 PBT69.8848.42 44 237.23260.73 -9 NP46.1332.29 43 162.72172.51 -6

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