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Hindustan Copper standalone net profit declines 38.76% in the March 2016 quarter

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Capital Market

Sales rise 27.59% to Rs 324.22 crore

Net profit of Hindustan Copper declined 38.76% to Rs 16.29 crore in the quarter ended March 2016 as against Rs 26.60 crore during the previous quarter ended March 2015. Sales rose 27.59% to Rs 324.22 crore in the quarter ended March 2016 as against Rs 254.12 crore during the previous quarter ended March 2015.

For the full year,net profit declined 35.56% to Rs 43.56 crore in the year ended March 2016 as against Rs 67.60 crore during the previous year ended March 2015. Sales declined 4.12% to Rs 963.48 crore in the year ended March 2016 as against Rs 1004.83 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales324.22254.12 28 963.481004.83 -4 OPM %12.3720.16 -12.2912.65 - PBDT52.8067.13 -21 165.71193.30 -14 PBT19.1536.03 -47 45.3880.45 -44 NP16.2926.60 -39 43.5667.60 -36

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First Published: May 31 2016 | 10:36 AM IST

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