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Madhucon Projects standalone net profit declines 45.74% in the March 2016 quarter

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Capital Market

Sales decline 17.06% to Rs 243.81 crore

Net profit of Madhucon Projects declined 45.74% to Rs 8.79 crore in the quarter ended March 2016 as against Rs 16.20 crore during the previous quarter ended March 2015. Sales declined 17.06% to Rs 243.81 crore in the quarter ended March 2016 as against Rs 293.97 crore during the previous quarter ended March 2015.

For the full year,net profit declined 48.64% to Rs 25.34 crore in the year ended March 2016 as against Rs 49.34 crore during the previous year ended March 2015. Sales declined 37.30% to Rs 697.37 crore in the year ended March 2016 as against Rs 1112.25 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales243.81293.97 -17 697.371112.25 -37 OPM %10.0523.74 -21.1618.03 - PBDT16.2729.99 -46 64.50100.21 -36 PBT11.2820.50 -45 32.2262.43 -48 NP8.7916.20 -46 25.3449.34 -49

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First Published: Jun 01 2016 | 8:01 AM IST

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