Sterling International Enterprises consolidated net profit declines 32.24% in the March 2016 quarter

Sales decline 1.27% to Rs 138.24 crore

Net profit of Sterling International Enterprises declined 32.24% to Rs 1.03 crore in the quarter ended March 2016 as against Rs 1.52 crore during the previous quarter ended March 2015. Sales declined 1.27% to Rs 138.24 crore in the quarter ended March 2016 as against Rs 140.02 crore during the previous quarter ended March 2015.

For the full year,net profit rose 366.36% to Rs 40.90 crore in the year ended March 2016 as against Rs 8.77 crore during the previous year ended June 2015. Sales declined 22.53% to Rs 439.81 crore in the year ended March 2016 as against Rs 567.69 crore during the previous year ended June 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Jun. 2015% Var.Sales138.24140.02 -1 439.81567.69 -23 OPM %39.7036.22 -45.7337.01 - PBDT49.7646.50 7 187.23193.31 -3 PBT0.991.53 -35 40.958.82 364 NP1.031.52 -32 40.908.77 366

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