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Jain Irrigation Systems standalone net profit declines 22.02% in the March 2016 quarter

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Capital Market

Sales decline 7.37% to Rs 1403.49 crore

Net profit of Jain Irrigation Systems declined 22.02% to Rs 64.38 crore in the quarter ended March 2016 as against Rs 82.56 crore during the previous quarter ended March 2015. Sales declined 7.37% to Rs 1403.49 crore in the quarter ended March 2016 as against Rs 1515.10 crore during the previous quarter ended March 2015.

For the full year,net profit rose 44.26% to Rs 71.25 crore in the year ended March 2016 as against Rs 49.39 crore during the previous year ended March 2015. Sales rose 0.87% to Rs 4170.53 crore in the year ended March 2016 as against Rs 4134.60 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1403.491515.10 -7 4170.534134.60 1 OPM %17.1515.50 -15.9215.41 - PBDT149.16143.92 4 282.25269.60 5 PBT96.9099.49 -3 92.4191.12 1 NP64.3882.56 -22 71.2549.39 44

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First Published: May 31 2016 | 11:19 AM IST

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