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Elecon Engineering Company standalone net profit declines 31.81% in the March 2016 quarter

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Capital Market

Sales rise 8.16% to Rs 188.84 crore

Net profit of Elecon Engineering Company declined 31.81% to Rs 15.54 crore in the quarter ended March 2016 as against Rs 22.79 crore during the previous quarter ended March 2015. Sales rose 8.16% to Rs 188.84 crore in the quarter ended March 2016 as against Rs 174.60 crore during the previous quarter ended March 2015.

For the full year,net profit rose 30.01% to Rs 43.15 crore in the year ended March 2016 as against Rs 33.19 crore during the previous year ended March 2015. Sales rose 3.49% to Rs 515.14 crore in the year ended March 2016 as against Rs 497.78 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales188.84174.60 8 515.14497.78 3 OPM %18.7524.07 -20.3221.39 - PBDT34.0447.29 -28 108.3299.23 9 PBT22.1632.37 -32 61.2247.65 28 NP15.5422.79 -32 43.1533.19 30

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First Published: Apr 28 2016 | 10:35 AM IST

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