Rico Auto Industries reports standalone net profit of Rs 5.20 crore in the March 2016 quarter

Sales rise 23.88% to Rs 234.11 crore

Net profit of Rico Auto Industries reported to Rs 5.20 crore in the quarter ended March 2016 as against net loss of Rs 4.77 crore during the previous quarter ended March 2015. Sales rose 23.88% to Rs 234.11 crore in the quarter ended March 2016 as against Rs 188.98 crore during the previous quarter ended March 2015.

For the full year,net profit declined 84.25% to Rs 27.07 crore in the year ended March 2016 as against Rs 171.87 crore during the previous year ended March 2015. Sales rose 10.03% to Rs 882.11 crore in the year ended March 2016 as against Rs 801.68 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales234.11188.98 24 882.11801.68 10 OPM %6.512.45 -8.478.59 - PBDT15.624.14 277 73.4240.44 82 PBT7.25-10.23 LP 38.03-23.78 LP NP5.20-4.77 LP 27.07171.87 -84

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