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Orient Cement standalone net profit declines 77.29% in the March 2016 quarter

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Capital Market

Sales rise 15.45% to Rs 447.28 crore

Net profit of Orient Cement declined 77.29% to Rs 19.41 crore in the quarter ended March 2016 as against Rs 85.48 crore during the previous quarter ended March 2015. Sales rose 15.45% to Rs 447.28 crore in the quarter ended March 2016 as against Rs 387.42 crore during the previous quarter ended March 2015.

For the full year,net profit declined 68.05% to Rs 62.24 crore in the year ended March 2016 as against Rs 194.78 crore during the previous year ended March 2015. Sales declined 2.18% to Rs 1501.84 crore in the year ended March 2016 as against Rs 1535.34 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales447.28387.42 15 1501.841535.34 -2 OPM %13.7925.79 -12.2119.98 - PBDT38.7199.13 -61 136.55298.51 -54 PBT10.7285.25 -87 60.22251.18 -76 NP19.4185.48 -77 62.24194.78 -68

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First Published: May 04 2016 | 5:30 PM IST

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