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Archies standalone net profit declines 82.77% in the March 2016 quarter

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Capital Market

Sales decline 6.57% to Rs 53.37 crore

Net profit of Archies declined 82.77% to Rs 0.41 crore in the quarter ended March 2016 as against Rs 2.38 crore during the previous quarter ended March 2015. Sales declined 6.57% to Rs 53.37 crore in the quarter ended March 2016 as against Rs 57.12 crore during the previous quarter ended March 2015.

For the full year,net profit declined 29.85% to Rs 2.89 crore in the year ended March 2016 as against Rs 4.12 crore during the previous year ended March 2015. Sales declined 0.54% to Rs 194.30 crore in the year ended March 2016 as against Rs 195.35 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales53.3757.12 -7 194.30195.35 -1 OPM %3.869.59 -4.847.18 - PBDT1.795.38 -67 8.7912.72 -31 PBT0.503.51 -86 4.186.32 -34 NP0.412.38 -83 2.894.12 -30

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First Published: May 23 2016 | 4:55 PM IST

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