Tide Water Oil Co (I) standalone net profit declines 87.26% in the March 2016 quarter

Sales rise 5.45% to Rs 259.25 crore

Net profit of Tide Water Oil Co (I) declined 87.26% to Rs 5.52 crore in the quarter ended March 2016 as against Rs 43.32 crore during the previous quarter ended March 2015. Sales rose 5.45% to Rs 259.25 crore in the quarter ended March 2016 as against Rs 245.86 crore during the previous quarter ended March 2015.

For the full year,net profit declined 54.61% to Rs 77.69 crore in the year ended March 2016 as against Rs 171.15 crore during the previous year ended March 2015. Sales rose 3.23% to Rs 984.98 crore in the year ended March 2016 as against Rs 954.15 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales259.25245.86 5 984.98954.15 3 OPM %16.3810.29 -14.139.16 - PBDT48.0327.92 72 162.59100.52 62 PBT46.2024.06 92 155.3593.07 67 NP5.5243.32 -87 77.69171.15 -55

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