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Ramco Industries standalone net profit rises 729.14% in the March 2016 quarter

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Capital Market

Sales rise 3.90% to Rs 191.64 crore

Net profit of Ramco Industries rose 729.14% to Rs 23.05 crore in the quarter ended March 2016 as against Rs 2.78 crore during the previous quarter ended March 2015. Sales rose 3.90% to Rs 191.64 crore in the quarter ended March 2016 as against Rs 184.44 crore during the previous quarter ended March 2015.

For the full year,net profit rose 60.97% to Rs 33.69 crore in the year ended March 2016 as against Rs 20.93 crore during the previous year ended March 2015. Sales declined 4.44% to Rs 702.35 crore in the year ended March 2016 as against Rs 734.97 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales191.64184.44 4 702.35734.97 -4 OPM %5.558.89 -5.997.86 - PBDT23.887.16 234 35.2928.52 24 PBT18.422.25 719 15.689.63 63 NP23.052.78 729 33.6920.93 61

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First Published: May 20 2016 | 5:39 PM IST

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