Sterling Powergensys standalone net profit declines 90.24% in the March 2017 quarter

Sales rise 1494.44% to Rs 8.61 crore

Net profit of Sterling Powergensys declined 90.24% to Rs 0.04 crore in the quarter ended March 2017 as against Rs 0.41 crore during the previous quarter ended March 2016. Sales rose 1494.44% to Rs 8.61 crore in the quarter ended March 2017 as against Rs 0.54 crore during the previous quarter ended March 2016.

For the full year,net profit rose 33.33% to Rs 0.16 crore in the year ended March 2017 as against Rs 0.12 crore during the previous year ended March 2016. Sales rose 352.72% to Rs 16.66 crore in the year ended March 2017 as against Rs 3.68 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales8.610.54 1494 16.663.68 353 OPM %2.32-68.52 -3.42-115.22 - PBDT0.150.46 -67 0.440.34 29 PBT0.090.41 -78 0.220.12 83 NP0.040.41 -90 0.160.12 33

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