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Kennametal India standalone net profit declines 54.66% in the June 2016 quarter

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Capital Market

Sales decline 1.90% to Rs 154.75 crore

Net profit of Kennametal India declined 54.66% to Rs 7.20 crore in the quarter ended June 2016 as against Rs 15.88 crore during the previous quarter ended June 2015. Sales declined 1.90% to Rs 154.75 crore in the quarter ended June 2016 as against Rs 157.75 crore during the previous quarter ended June 2015.

For the full year,net profit declined 38.13% to Rs 20.74 crore in the year ended June 2016 as against Rs 33.52 crore during the previous year ended June 2015.

ParticularsQuarter EndedYear EndedJun. 2016Jun. 2015% Var.Jun. 2016Jun. 2015% Var.Sales154.75157.75 -2 570.00570.02 0 OPM %9.4512.89 -8.0610.53 - PBDT18.0721.69 -17 54.8265.59 -16 PBT11.9315.74 -24 30.7139.94 -23 NP7.2015.88 -55 20.7433.52 -38

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First Published: Aug 10 2016 | 10:01 AM IST

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