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Menon Pistons standalone net profit declines 58.93% in the March 2016 quarter

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Capital Market

Sales decline 9.84% to Rs 33.61 crore

Net profit of Menon Pistons declined 58.93% to Rs 0.46 crore in the quarter ended March 2016 as against Rs 1.12 crore during the previous quarter ended March 2015. Sales declined 9.84% to Rs 33.61 crore in the quarter ended March 2016 as against Rs 37.28 crore during the previous quarter ended March 2015.

For the full year,net profit declined 25.00% to Rs 4.29 crore in the year ended March 2016 as against Rs 5.72 crore during the previous year ended March 2015. Sales declined 9.66% to Rs 130.41 crore in the year ended March 2016 as against Rs 144.35 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales33.6137.28 -10 130.41144.35 -10 OPM %7.777.27 -10.4510.99 - PBDT2.111.91 10 11.1512.67 -12 PBT1.011.35 -25 6.738.16 -18 NP0.461.12 -59 4.295.72 -25

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First Published: May 18 2016 | 2:47 PM IST

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