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Karma Energy standalone net profit declines 56.72% in the March 2016 quarter

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Capital Market

Sales decline 86.92% to Rs 1.01 crore

Net profit of Karma Energy declined 56.72% to Rs 0.29 crore in the quarter ended March 2016 as against Rs 0.67 crore during the previous quarter ended March 2015. Sales declined 86.92% to Rs 1.01 crore in the quarter ended March 2016 as against Rs 7.72 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 1.54 crore in the year ended March 2016 as against net loss of Rs 3.13 crore during the previous year ended March 2015. Sales declined 8.14% to Rs 12.98 crore in the year ended March 2016 as against Rs 14.13 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1.017.72 -87 12.9814.13 -8 OPM %-106.9369.56 -38.2935.95 - PBDT-2.704.74 PL -1.64-0.72 -128 PBT-3.943.48 PL -6.64-5.62 -18 NP0.290.67 -57 -1.54-3.13 51

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First Published: May 26 2016 | 8:22 AM IST

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