Sainik Finance & Industries standalone net profit declines 49.47% in the March 2016 quarter

Sales decline 17.71% to Rs 2.37 crore

Net profit of Sainik Finance & Industries declined 49.47% to Rs 0.48 crore in the quarter ended March 2016 as against Rs 0.95 crore during the previous quarter ended March 2015. Sales declined 17.71% to Rs 2.37 crore in the quarter ended March 2016 as against Rs 2.88 crore during the previous quarter ended March 2015.

For the full year,net profit declined 23.47% to Rs 1.50 crore in the year ended March 2016 as against Rs 1.96 crore during the previous year ended March 2015. Sales declined 2.65% to Rs 9.19 crore in the year ended March 2016 as against Rs 9.44 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales2.372.88 -18 9.199.44 -3 OPM %69.6285.76 -82.2689.09 - PBDT0.480.95 -49 2.703.23 -16 PBT0.480.95 -49 2.693.21 -16 NP0.480.95 -49 1.501.96 -23

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