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Ador Welding standalone net profit declines 1.15% in the March 2016 quarter

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Capital Market

Sales rise 11.31% to Rs 150.48 crore

Net profit of Ador Welding declined 1.15% to Rs 8.63 crore in the quarter ended March 2016 as against Rs 8.73 crore during the previous quarter ended March 2015. Sales rose 11.31% to Rs 150.48 crore in the quarter ended March 2016 as against Rs 135.19 crore during the previous quarter ended March 2015.

For the full year,net profit declined 30.03% to Rs 22.65 crore in the year ended March 2016 as against Rs 32.37 crore during the previous year ended March 2015. Sales rose 5.27% to Rs 404.77 crore in the year ended March 2016 as against Rs 384.49 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales150.48135.19 11 404.77384.49 5 OPM %9.5714.00 -10.067.11 - PBDT15.4219.70 -22 45.4432.59 39 PBT12.5615.67 -20 33.7820.16 68 NP8.638.73 -1 22.6532.37 -30

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First Published: May 11 2016 | 12:10 PM IST

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