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Cyient standalone net profit declines 65.62% in the March 2016 quarter

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Capital Market

Sales decline 13.36% to Rs 284.22 crore

Net profit of Cyient declined 65.62% to Rs 24.92 crore in the quarter ended March 2016 as against Rs 72.48 crore during the previous quarter ended March 2015. Sales declined 13.36% to Rs 284.22 crore in the quarter ended March 2016 as against Rs 328.06 crore during the previous quarter ended March 2015.

For the full year,net profit declined 13.91% to Rs 233.45 crore in the year ended March 2016 as against Rs 271.16 crore during the previous year ended March 2015. Sales declined 3.74% to Rs 1245.56 crore in the year ended March 2016 as against Rs 1294.01 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales284.22328.06 -13 1245.561294.01 -4 OPM %12.7524.14 -20.0723.37 - PBDT54.80103.33 -47 363.27404.85 -10 PBT32.1287.70 -63 294.47343.05 -14 NP24.9272.48 -66 233.45271.16 -14

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First Published: Apr 22 2016 | 11:55 AM IST

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