Vedavaag Systems standalone net profit declines 57.43% in the March 2016 quarter

Sales decline 44.13% to Rs 17.51 crore

Net profit of Vedavaag Systems declined 57.43% to Rs 0.43 crore in the quarter ended March 2016 as against Rs 1.01 crore during the previous quarter ended March 2015. Sales declined 44.13% to Rs 17.51 crore in the quarter ended March 2016 as against Rs 31.34 crore during the previous quarter ended March 2015.

For the full year,net profit rose 85.52% to Rs 5.38 crore in the year ended March 2016 as against Rs 2.90 crore during the previous year ended March 2015. Sales rose 24.62% to Rs 83.58 crore in the year ended March 2016 as against Rs 67.07 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales17.5131.34 -44 83.5867.07 25 OPM %7.0814.36 -16.3018.65 - PBDT1.244.52 -73 13.6212.51 9 PBT1.091.66 -34 6.324.04 56 NP0.431.01 -57 5.382.90 86

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