Shalimar Wires Industries standalone net profit declines 58.90% in the March 2016 quarter

Sales rise 5.62% to Rs 25.36 crore

Net profit of Shalimar Wires Industries declined 58.90% to Rs 0.67 crore in the quarter ended March 2016 as against Rs 1.63 crore during the previous quarter ended March 2015. Sales rose 5.62% to Rs 25.36 crore in the quarter ended March 2016 as against Rs 24.01 crore during the previous quarter ended March 2015.

For the full year,net profit declined 84.29% to Rs 0.11 crore in the year ended March 2016 as against Rs 0.70 crore during the previous year ended March 2015. Sales rose 2.16% to Rs 95.60 crore in the year ended March 2016 as against Rs 93.58 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales25.3624.01 6 95.6093.58 2 OPM %14.3511.12 -13.1315.75 - PBDT2.663.91 -32 6.057.35 -18 PBT0.672.32 -71 0.111.36 -92 NP0.671.63 -59 0.110.70 -84

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