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AIA Engineering standalone net profit rises 56.34% in the March 2016 quarter

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Capital Market

Sales decline 26.41% to Rs 433.10 crore

Net profit of AIA Engineering rose 56.34% to Rs 243.10 crore in the quarter ended March 2016 as against Rs 155.49 crore during the previous quarter ended March 2015. Sales declined 26.41% to Rs 433.10 crore in the quarter ended March 2016 as against Rs 588.50 crore during the previous quarter ended March 2015.

For the full year,net profit rose 41.75% to Rs 587.67 crore in the year ended March 2016 as against Rs 414.57 crore during the previous year ended March 2015. Sales declined 10.55% to Rs 1805.45 crore in the year ended March 2016 as against Rs 2018.28 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales433.10588.50 -26 1805.452018.28 -11 OPM %26.5833.15 -28.5125.22 - PBDT298.82215.44 39 827.26642.85 29 PBT281.08198.00 42 761.58575.24 32 NP243.10155.49 56 587.67414.57 42

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First Published: May 25 2016 | 5:20 PM IST

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