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Gujarat Industries Power Co standalone net profit rises 284.85% in the March 2016 quarter

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Capital Market

Sales rise 48.54% to Rs 366.13 crore

Net profit of Gujarat Industries Power Co rose 284.85% to Rs 61.46 crore in the quarter ended March 2016 as against Rs 15.97 crore during the previous quarter ended March 2015. Sales rose 48.54% to Rs 366.13 crore in the quarter ended March 2016 as against Rs 246.48 crore during the previous quarter ended March 2015.

For the full year,net profit rose 49.16% to Rs 188.41 crore in the year ended March 2016 as against Rs 126.31 crore during the previous year ended March 2015. Sales rose 11.31% to Rs 1345.76 crore in the year ended March 2016 as against Rs 1209.06 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales366.13246.48 49 1345.761209.06 11 OPM %29.9544.11 -28.9635.18 - PBDT109.99104.44 5 363.06390.52 -7 PBT81.6276.59 7 249.68267.94 -7 NP61.4615.97 285 188.41126.31 49

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First Published: May 28 2016 | 9:18 AM IST

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