TVS Electronics standalone net profit declines 23.81% in the March 2016 quarter

Sales rise 36.91% to Rs 98.18 crore

Net profit of TVS Electronics declined 23.81% to Rs 0.80 crore in the quarter ended March 2016 as against Rs 1.05 crore during the previous quarter ended March 2015. Sales rose 36.91% to Rs 98.18 crore in the quarter ended March 2016 as against Rs 71.71 crore during the previous quarter ended March 2015.

For the full year,net profit rose 88.21% to Rs 4.31 crore in the year ended March 2016 as against Rs 2.29 crore during the previous year ended March 2015. Sales rose 119.82% to Rs 593.39 crore in the year ended March 2016 as against Rs 269.94 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales98.1871.71 37 593.39269.94 120 OPM %4.436.16 -2.725.87 - PBDT3.623.07 18 11.919.89 20 PBT1.171.05 11 3.312.92 13 NP0.801.05 -24 4.312.29 88

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