Tamilnadu Steel Tubes standalone net profit declines 40.51% in the March 2016 quarter

Sales decline 1.69% to Rs 20.99 crore

Net profit of Tamilnadu Steel Tubes declined 40.51% to Rs 1.85 crore in the quarter ended March 2016 as against Rs 3.11 crore during the previous quarter ended March 2015. Sales declined 1.69% to Rs 20.99 crore in the quarter ended March 2016 as against Rs 21.35 crore during the previous quarter ended March 2015.

For the full year,net profit declined 47.29% to Rs 2.53 crore in the year ended March 2016 as against Rs 4.80 crore during the previous year ended March 2015. Sales declined 16.57% to Rs 78.40 crore in the year ended March 2016 as against Rs 93.97 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales20.9921.35 -2 78.4093.97 -17 OPM %8.674.54 -4.914.27 - PBDT2.360.41 476 3.713.10 20 PBT2.340.30 680 3.452.80 23 NP1.853.11 -41 2.534.80 -47

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