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Ginni Filaments standalone net profit rises 42.58% in the March 2016 quarter

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Capital Market

Sales decline 12.69% to Rs 197.92 crore

Net profit of Ginni Filaments rose 42.58% to Rs 2.21 crore in the quarter ended March 2016 as against Rs 1.55 crore during the previous quarter ended March 2015. Sales declined 12.69% to Rs 197.92 crore in the quarter ended March 2016 as against Rs 226.69 crore during the previous quarter ended March 2015.

For the full year,net profit declined 43.44% to Rs 4.40 crore in the year ended March 2016 as against Rs 7.78 crore during the previous year ended March 2015. Sales declined 11.49% to Rs 750.30 crore in the year ended March 2016 as against Rs 847.67 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales197.92226.69 -13 750.30847.67 -11 OPM %8.2810.90 -9.5510.87 - PBDT10.2413.60 -25 37.2447.47 -22 PBT3.586.05 -41 8.4615.80 -46 NP2.211.55 43 4.407.78 -43

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First Published: Apr 30 2016 | 6:23 PM IST

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