Technofab Engineering standalone net profit declines 63.42% in the March 2017 quarter

Sales decline 15.45% to Rs 120.72 crore

Net profit of Technofab Engineering declined 63.42% to Rs 1.84 crore in the quarter ended March 2017 as against Rs 5.03 crore during the previous quarter ended March 2016. Sales declined 15.45% to Rs 120.72 crore in the quarter ended March 2017 as against Rs 142.78 crore during the previous quarter ended March 2016.

For the full year,net profit declined 22.94% to Rs 8.90 crore in the year ended March 2017 as against Rs 11.55 crore during the previous year ended March 2016. Sales declined 13.11% to Rs 401.98 crore in the year ended March 2017 as against Rs 462.64 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales120.72142.78 -15 401.98462.64 -13 OPM %4.968.79 -9.548.02 - PBDT4.887.60 -36 19.1721.17 -9 PBT3.686.34 -42 14.2416.15 -12 NP1.845.03 -63 8.9011.55 -23

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