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Golkonda Engineering Enterprises standalone net profit declines 56.52% in the March 2016 quarter

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Capital Market

Sales rise 57.64% to Rs 28.69 crore

Net profit of Golkonda Engineering Enterprises declined 56.52% to Rs 0.20 crore in the quarter ended March 2016 as against Rs 0.46 crore during the previous quarter ended March 2015. Sales rose 57.64% to Rs 28.69 crore in the quarter ended March 2016 as against Rs 18.20 crore during the previous quarter ended March 2015.

For the full year,net profit rose 50.00% to Rs 1.08 crore in the year ended March 2016 as against Rs 0.72 crore during the previous year ended March 2015. Sales rose 83.26% to Rs 106.55 crore in the year ended March 2016 as against Rs 58.14 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales28.6918.20 58 106.5558.14 83 OPM %3.767.58 -3.124.51 - PBDT0.780.25 212 2.391.28 87 PBT0.47-0.14 LP 1.350.27 400 NP0.200.46 -57 1.080.72 50

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First Published: May 26 2016 | 8:59 AM IST

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