Rico Auto Industries reports consolidated net profit of Rs 6.98 crore in the March 2016 quarter

Sales rise 9.07% to Rs 247.14 crore

Net profit of Rico Auto Industries reported to Rs 6.98 crore in the quarter ended March 2016 as against net loss of Rs 7.18 crore during the previous quarter ended March 2015. Sales rose 9.07% to Rs 247.14 crore in the quarter ended March 2016 as against Rs 226.59 crore during the previous quarter ended March 2015.

For the full year,net profit declined 80.81% to Rs 29.44 crore in the year ended March 2016 as against Rs 153.43 crore during the previous year ended March 2015. Sales declined 24.42% to Rs 982.17 crore in the year ended March 2016 as against Rs 1299.45 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales247.14226.59 9 982.171299.45 -24 OPM %9.314.08 -10.047.46 - PBDT22.2911.44 95 92.4976.66 21 PBT11.06-6.29 LP 45.76-7.94 LP NP6.98-7.18 LP 29.44153.43 -81

Powered by Capital Market - Live News