Sharda Motor Industries standalone net profit declines 20.68% in the March 2016 quarter

Sales rise 1.85% to Rs 244.85 crore

Net profit of Sharda Motor Industries declined 20.68% to Rs 8.40 crore in the quarter ended March 2016 as against Rs 10.59 crore during the previous quarter ended March 2015. Sales rose 1.85% to Rs 244.85 crore in the quarter ended March 2016 as against Rs 240.41 crore during the previous quarter ended March 2015.

For the full year,net profit declined 5.29% to Rs 34.22 crore in the year ended March 2016 as against Rs 36.13 crore during the previous year ended March 2015. Sales rose 6.02% to Rs 918.40 crore in the year ended March 2016 as against Rs 866.25 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales244.85240.41 2 918.40866.25 6 OPM %8.8710.35 -10.4910.56 - PBDT24.8823.40 6 98.2386.44 14 PBT13.3910.40 29 54.0134.44 57 NP8.4010.59 -21 34.2236.13 -5

Powered by Capital Market - Live News