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Nitin Fire Protection Industries reports standalone net loss of Rs 6.97 crore in the March 2016 quarter

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Capital Market

Sales decline 63.00% to Rs 41.47 crore

Net loss of Nitin Fire Protection Industries reported to Rs 6.97 crore in the quarter ended March 2016 as against net profit of Rs 2.63 crore during the previous quarter ended March 2015. Sales declined 63.00% to Rs 41.47 crore in the quarter ended March 2016 as against Rs 112.07 crore during the previous quarter ended March 2015.

For the full year,net profit declined 59.91% to Rs 5.44 crore in the year ended March 2016 as against Rs 13.57 crore during the previous year ended March 2015. Sales declined 4.64% to Rs 460.36 crore in the year ended March 2016 as against Rs 482.75 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales41.47112.07 -63 460.36482.75 -5 OPM %10.426.97 -8.287.82 - PBDT-6.323.00 PL 14.3519.60 -27 PBT-9.402.31 PL 7.7917.10 -54 NP-6.972.63 PL 5.4413.57 -60

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First Published: Jun 01 2016 | 6:09 PM IST

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