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MEP Infrastructure Developers consolidated net profit declines 9.69% in the March 2016 quarter

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Capital Market

Sales rise 2.14% to Rs 516.26 crore

Net profit of MEP Infrastructure Developers declined 9.69% to Rs 10.06 crore in the quarter ended March 2016 as against Rs 11.14 crore during the previous quarter ended March 2015. Sales rose 2.14% to Rs 516.26 crore in the quarter ended March 2016 as against Rs 505.44 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 26.33 crore in the year ended March 2016 as against net loss of Rs 115.33 crore during the previous year ended March 2015. Sales declined 0.48% to Rs 1974.67 crore in the year ended March 2016 as against Rs 1984.26 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales516.26505.44 2 1974.671984.26 0 OPM %26.1732.33 -28.1022.35 - PBDT51.1470.34 -27 212.3172.47 193 PBT9.7528.19 -65 41.69-107.47 LP NP10.0611.14 -10 26.33-115.33 LP

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First Published: May 24 2016 | 4:46 PM IST

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