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Alpine Housing Development Corporation standalone net profit rises 156.82% in the March 2016 quarter

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Capital Market

Sales decline 52.81% to Rs 1.09 crore

Net profit of Alpine Housing Development Corporation rose 156.82% to Rs 1.13 crore in the quarter ended March 2016 as against Rs 0.44 crore during the previous quarter ended March 2015. Sales declined 52.81% to Rs 1.09 crore in the quarter ended March 2016 as against Rs 2.31 crore during the previous quarter ended March 2015.

For the full year,net profit rose 181.25% to Rs 4.05 crore in the year ended March 2016 as against Rs 1.44 crore during the previous year ended March 2015. Sales rose 46.16% to Rs 24.00 crore in the year ended March 2016 as against Rs 16.42 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1.092.31 -53 24.0016.42 46 OPM %170.6436.80 -28.3819.43 - PBDT1.710.68 151 6.192.65 134 PBT1.520.39 290 5.351.55 245 NP1.130.44 157 4.051.44 181

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First Published: Jun 03 2016 | 9:06 AM IST

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