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Coastal Corporation reports standalone net profit of Rs 0.67 crore in the March 2016 quarter

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Capital Market

Sales rise 14.13% to Rs 63.47 crore

Net profit of Coastal Corporation reported to Rs 0.67 crore in the quarter ended March 2016 as against net loss of Rs 2.68 crore during the previous quarter ended March 2015. Sales rose 14.13% to Rs 63.47 crore in the quarter ended March 2016 as against Rs 55.61 crore during the previous quarter ended March 2015.

For the full year,net profit declined 22.35% to Rs 7.92 crore in the year ended March 2016 as against Rs 10.20 crore during the previous year ended March 2015. Sales rose 18.40% to Rs 307.69 crore in the year ended March 2016 as against Rs 259.88 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales63.4755.61 14 307.69259.88 18 OPM %2.856.62 -7.3210.85 - PBDT2.510.47 434 14.9518.28 -18 PBT1.92-0.81 LP 12.4015.67 -21 NP0.67-2.68 LP 7.9210.20 -22

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First Published: May 30 2016 | 5:05 PM IST

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