Titan Company standalone net profit declines 14.40% in the March 2016 quarter

Sales decline 1.51% to Rs 2437.15 crore

Net profit of Titan Company declined 14.40% to Rs 184.11 crore in the quarter ended March 2016 as against Rs 215.09 crore during the previous quarter ended March 2015. Sales declined 1.51% to Rs 2437.15 crore in the quarter ended March 2016 as against Rs 2474.43 crore during the previous quarter ended March 2015.

For the full year,net profit declined 14.24% to Rs 705.85 crore in the year ended March 2016 as against Rs 823.07 crore during the previous year ended March 2015. Sales declined 5.21% to Rs 11176.90 crore in the year ended March 2016 as against Rs 11791.04 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales2437.152474.43 -2 11176.9011791.04 -5 OPM %8.6210.92 -8.469.78 - PBDT223.42272.24 -18 967.571143.28 -15 PBT198.05252.26 -21 870.661055.89 -18 NP184.11215.09 -14 705.85823.07 -14

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