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Precision Camshafts standalone net profit declines 18.87% in the March 2016 quarter

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Capital Market

Sales decline 17.55% to Rs 103.66 crore

Net profit of Precision Camshafts declined 18.87% to Rs 9.50 crore in the quarter ended March 2016 as against Rs 11.71 crore during the previous quarter ended March 2015. Sales declined 17.55% to Rs 103.66 crore in the quarter ended March 2016 as against Rs 125.73 crore during the previous quarter ended March 2015.

For the full year,net profit rose 15.28% to Rs 54.91 crore in the year ended March 2016 as against Rs 47.63 crore during the previous year ended March 2015. Sales declined 14.75% to Rs 424.36 crore in the year ended March 2016 as against Rs 497.80 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales103.66125.73 -18 424.36497.80 -15 OPM %25.5822.60 -27.6924.54 - PBDT25.6127.32 -6 125.44121.85 3 PBT16.2817.28 -6 86.4482.72 4 NP9.5011.71 -19 54.9147.63 15

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First Published: Jun 01 2016 | 3:48 PM IST

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