Virat Crane Industries standalone net profit declines 79.02% in the March 2016 quarter

Sales decline 18.19% to Rs 15.34 crore

Net profit of Virat Crane Industries declined 79.02% to Rs 0.47 crore in the quarter ended March 2016 as against Rs 2.24 crore during the previous quarter ended March 2015. Sales declined 18.19% to Rs 15.34 crore in the quarter ended March 2016 as against Rs 18.75 crore during the previous quarter ended March 2015.

For the full year,net profit rose 6.32% to Rs 5.72 crore in the year ended March 2016 as against Rs 5.38 crore during the previous year ended March 2015. Sales declined 3.38% to Rs 60.86 crore in the year ended March 2016 as against Rs 62.99 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales15.3418.75 -18 60.8662.99 -3 OPM %4.7618.08 -14.2813.53 - PBDT0.843.30 -75 8.858.17 8 PBT0.793.35 -76 8.678.00 8 NP0.472.24 -79 5.725.38 6

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