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Saurashtra Cement standalone net profit declines 29.99% in the March 2016 quarter

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Capital Market

Sales rise 3.76% to Rs 142.28 crore

Net profit of Saurashtra Cement declined 29.99% to Rs 26.75 crore in the quarter ended March 2016 as against Rs 38.21 crore during the previous quarter ended March 2015. Sales rose 3.76% to Rs 142.28 crore in the quarter ended March 2016 as against Rs 137.12 crore during the previous quarter ended March 2015.

For the full year,net profit declined 35.24% to Rs 43.78 crore in the year ended March 2016 as against Rs 67.60 crore during the previous year ended March 2015. Sales declined 6.01% to Rs 524.57 crore in the year ended March 2016 as against Rs 558.13 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales142.28137.12 4 524.57558.13 -6 OPM %21.6117.77 -12.0216.01 - PBDT32.0021.94 46 71.0483.19 -15 PBT28.5512.39 130 58.3548.33 21 NP26.7538.21 -30 43.7867.60 -35

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First Published: May 23 2016 | 7:45 PM IST

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