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Banco Products (India) standalone net profit declines 82.20% in the March 2015 quarter

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Capital Market

Sales decline 11.63% to Rs 102.81 crore

Net profit of Banco Products (India) declined 82.20% to Rs 4.06 crore in the quarter ended March 2015 as against Rs 22.81 crore during the previous quarter ended March 2014. Sales declined 11.63% to Rs 102.81 crore in the quarter ended March 2015 as against Rs 116.34 crore during the previous quarter ended March 2014.

For the full year,net profit declined 37.24% to Rs 41.68 crore in the year ended March 2015 as against Rs 66.41 crore during the previous year ended March 2014. Sales declined 6.13% to Rs 410.37 crore in the year ended March 2015 as against Rs 437.16 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales102.81116.34 -12 410.37437.16 -6 OPM %8.3526.27 -14.6318.29 - PBDT10.8133.36 -68 69.9599.42 -30 PBT5.9329.44 -80 53.4982.90 -35 NP4.0622.81 -82 41.6866.41 -37

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First Published: May 26 2015 | 8:54 AM IST

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