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Kalyani Steels standalone net profit rises 21.15% in the March 2016 quarter

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Capital Market

Sales decline 0.20% to Rs 301.49 crore

Net profit of Kalyani Steels rose 21.15% to Rs 29.10 crore in the quarter ended March 2016 as against Rs 24.02 crore during the previous quarter ended March 2015. Sales declined 0.20% to Rs 301.49 crore in the quarter ended March 2016 as against Rs 302.09 crore during the previous quarter ended March 2015.

For the full year,net profit rose 36.33% to Rs 113.58 crore in the year ended March 2016 as against Rs 83.31 crore during the previous year ended March 2015. Sales declined 3.82% to Rs 1179.19 crore in the year ended March 2016 as against Rs 1225.99 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales301.49302.09 0 1179.191225.99 -4 OPM %20.5814.70 -19.9513.66 - PBDT60.6144.24 37 225.92155.03 46 PBT43.5735.75 22 174.19124.01 40 NP29.1024.02 21 113.5883.31 36

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First Published: May 24 2016 | 4:27 PM IST

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