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Crimson Metal Engineering Company standalone net profit declines 66.67% in the March 2016 quarter

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Capital Market

Sales rise 97.25% to Rs 19.37 crore

Net profit of Crimson Metal Engineering Company declined 66.67% to Rs 0.14 crore in the quarter ended March 2016 as against Rs 0.42 crore during the previous quarter ended March 2015. Sales rose 97.25% to Rs 19.37 crore in the quarter ended March 2016 as against Rs 9.82 crore during the previous quarter ended March 2015.

For the full year,net profit declined 43.02% to Rs 0.49 crore in the year ended March 2016 as against Rs 0.86 crore during the previous year ended March 2015. Sales rose 3.18% to Rs 45.72 crore in the year ended March 2016 as against Rs 44.31 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales19.379.82 97 45.7244.31 3 OPM %5.7815.58 -6.679.28 - PBDT0.350.63 -44 0.781.65 -53 PBT0.350.52 -33 0.780.70 11 NP0.140.42 -67 0.490.86 -43

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First Published: May 31 2016 | 5:29 PM IST

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