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Electrosteel Castings standalone net profit declines 47.91% in the March 2015 quarter

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Capital Market

Sales decline 9.55% to Rs 537.16 crore

Net profit of Electrosteel Castings declined 47.91% to Rs 24.37 crore in the quarter ended March 2015 as against Rs 46.78 crore during the previous quarter ended March 2014. Sales declined 9.55% to Rs 537.16 crore in the quarter ended March 2015 as against Rs 593.89 crore during the previous quarter ended March 2014.

For the full year,net profit declined 27.73% to Rs 72.67 crore in the year ended March 2015 as against Rs 100.56 crore during the previous year ended March 2014. Sales declined 0.38% to Rs 2087.24 crore in the year ended March 2015 as against Rs 2095.12 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales537.16593.89 -10 2087.242095.12 0 OPM %13.3816.91 -13.3314.56 - PBDT42.4378.19 -46 163.76188.94 -13 PBT26.9765.15 -59 96.33135.97 -29 NP24.3746.78 -48 72.67100.56 -28

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First Published: May 13 2015 | 8:20 AM IST

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