Rexnord Electronics & Controls standalone net profit declines 36.96% in the March 2016 quarter

Sales rise 2.93% to Rs 13.37 crore

Net profit of Rexnord Electronics & Controls declined 36.96% to Rs 0.58 crore in the quarter ended March 2016 as against Rs 0.92 crore during the previous quarter ended March 2015. Sales rose 2.93% to Rs 13.37 crore in the quarter ended March 2016 as against Rs 12.99 crore during the previous quarter ended March 2015.

For the full year,net profit declined 20.00% to Rs 2.00 crore in the year ended March 2016 as against Rs 2.50 crore during the previous year ended March 2015. Sales declined 2.50% to Rs 50.75 crore in the year ended March 2016 as against Rs 52.05 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales13.3712.99 3 50.7552.05 -3 OPM %10.7715.17 -11.0712.10 - PBDT1.231.74 -29 4.375.01 -13 PBT0.901.41 -36 3.083.74 -18 NP0.580.92 -37 2.002.50 -20

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