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MOIL standalone net profit declines 31.39% in the March 2015 quarter

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Capital Market

Sales decline 44.74% to Rs 161.37 crore

Net profit of MOIL declined 31.39% to Rs 102.47 crore in the quarter ended March 2015 as against Rs 149.36 crore during the previous quarter ended March 2014. Sales declined 44.74% to Rs 161.37 crore in the quarter ended March 2015 as against Rs 292.01 crore during the previous quarter ended March 2014.

For the full year,net profit declined 16.00% to Rs 428.01 crore in the year ended March 2015 as against Rs 509.56 crore during the previous year ended March 2014. Sales declined 19.39% to Rs 823.25 crore in the year ended March 2015 as against Rs 1021.28 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales161.37292.01 -45 823.251021.28 -19 OPM %46.7955.96 -46.0449.07 - PBDT174.11233.38 -25 695.65804.50 -14 PBT157.40223.90 -30 650.57769.32 -15 NP102.47149.36 -31 428.01509.56 -16

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First Published: May 30 2015 | 8:27 AM IST

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