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Jain Irrigation Systems consolidated net profit declines 8.88% in the March 2016 quarter

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Capital Market

Sales decline 1.00% to Rs 1988.99 crore

Net profit of Jain Irrigation Systems declined 8.88% to Rs 89.78 crore in the quarter ended March 2016 as against Rs 98.53 crore during the previous quarter ended March 2015. Sales declined 1.00% to Rs 1988.99 crore in the quarter ended March 2016 as against Rs 2009.06 crore during the previous quarter ended March 2015.

For the full year,net profit rose 59.36% to Rs 88.27 crore in the year ended March 2016 as against Rs 55.39 crore during the previous year ended March 2015. Sales rose 2.80% to Rs 6219.93 crore in the year ended March 2016 as against Rs 6050.78 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1988.992009.06 -1 6219.936050.78 3 OPM %14.4613.95 -13.1313.01 - PBDT183.19180.11 2 380.91350.99 9 PBT111.75119.25 -6 117.33106.93 10 NP89.7898.53 -9 88.2755.39 59

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First Published: May 31 2016 | 5:19 PM IST

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