Titagarh Wagons standalone net profit declines 50.68% in the March 2016 quarter

Sales decline 36.48% to Rs 74.98 crore

Net profit of Titagarh Wagons declined 50.68% to Rs 4.33 crore in the quarter ended March 2016 as against Rs 8.78 crore during the previous quarter ended March 2015. Sales declined 36.48% to Rs 74.98 crore in the quarter ended March 2016 as against Rs 118.04 crore during the previous quarter ended March 2015.

For the full year,net profit declined 36.00% to Rs 6.31 crore in the year ended March 2016 as against Rs 9.86 crore during the previous year ended March 2015. Sales declined 15.83% to Rs 309.75 crore in the year ended March 2016 as against Rs 368.01 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales74.98118.04 -36 309.75368.01 -16 OPM %5.4710.11 -0.378.53 - PBDT9.9115.54 -36 21.0241.24 -49 PBT7.3613.29 -45 11.0232.14 -66 NP4.338.78 -51 6.319.86 -36

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