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Kiran Vyapar standalone net profit declines 83.85% in the March 2016 quarter

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Capital Market

Sales decline 26.98% to Rs 3.14 crore

Net profit of Kiran Vyapar declined 83.85% to Rs 0.31 crore in the quarter ended March 2016 as against Rs 1.92 crore during the previous quarter ended March 2015. Sales declined 26.98% to Rs 3.14 crore in the quarter ended March 2016 as against Rs 4.30 crore during the previous quarter ended March 2015.

For the full year,net profit declined 28.10% to Rs 7.19 crore in the year ended March 2016 as against Rs 10.00 crore during the previous year ended March 2015. Sales declined 25.12% to Rs 13.00 crore in the year ended March 2016 as against Rs 17.36 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales3.144.30 -27 13.0017.36 -25 OPM %45.5464.65 -79.6280.88 - PBDT1.112.08 -47 9.6513.02 -26 PBT0.801.86 -57 8.4412.25 -31 NP0.311.92 -84 7.1910.00 -28

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First Published: Jun 03 2016 | 2:03 PM IST

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