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Ashoka Buildcon standalone net profit declines 14.55% in the March 2016 quarter

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Capital Market

Sales decline 21.07% to Rs 532.38 crore

Net profit of Ashoka Buildcon declined 14.55% to Rs 58.67 crore in the quarter ended March 2016 as against Rs 68.66 crore during the previous quarter ended March 2015. Sales declined 21.07% to Rs 532.38 crore in the quarter ended March 2016 as against Rs 674.51 crore during the previous quarter ended March 2015.

For the full year,net profit rose 12.12% to Rs 159.41 crore in the year ended March 2016 as against Rs 142.18 crore during the previous year ended March 2015. Sales declined 2.34% to Rs 1916.32 crore in the year ended March 2016 as against Rs 1962.30 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales532.38674.51 -21 1916.321962.30 -2 OPM %14.9613.19 -13.8412.73 - PBDT108.53100.87 8 298.14249.20 20 PBT90.4687.66 3 233.29193.85 20 NP58.6768.66 -15 159.41142.18 12

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First Published: May 21 2016 | 9:22 AM IST

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