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Fiberweb (India) standalone net profit declines 20.79% in the March 2016 quarter

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Capital Market

Sales decline 13.39% to Rs 17.91 crore

Net profit of Fiberweb (India) declined 20.79% to Rs 3.39 crore in the quarter ended March 2016 as against Rs 4.28 crore during the previous quarter ended March 2015. Sales declined 13.39% to Rs 17.91 crore in the quarter ended March 2016 as against Rs 20.68 crore during the previous quarter ended March 2015.

For the full year,net profit rose 249.75% to Rs 7.10 crore in the year ended March 2016 as against Rs 2.03 crore during the previous year ended March 2015. Sales declined 9.56% to Rs 61.75 crore in the year ended March 2016 as against Rs 68.28 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales17.9120.68 -13 61.7568.28 -10 OPM %19.8813.25 -12.663.25 - PBDT3.552.69 32 7.782.15 262 PBT3.454.28 -19 4.572.03 125 NP3.394.28 -21 7.102.03 250

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First Published: May 26 2016 | 2:47 PM IST

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