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SEAMEC standalone net profit declines 41.15% in the March 2016 quarter

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Capital Market

Sales rise 8.19% to Rs 127.65 crore

Net profit of SEAMEC declined 41.15% to Rs 16.39 crore in the quarter ended March 2016 as against Rs 27.85 crore during the previous quarter ended March 2015. Sales rose 8.19% to Rs 127.65 crore in the quarter ended March 2016 as against Rs 117.99 crore during the previous quarter ended March 2015.

For the full year,net profit declined 92.80% to Rs 3.89 crore in the year ended March 2016 as against Rs 54.02 crore during the previous year ended March 2015. Sales declined 6.26% to Rs 327.74 crore in the year ended March 2016 as against Rs 349.64 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales127.65117.99 8 327.74349.64 -6 OPM %21.2830.71 -10.8517.40 - PBDT28.8740.72 -29 56.2796.79 -42 PBT17.1129.54 -42 9.1760.04 -85 NP16.3927.85 -41 3.8954.02 -93

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First Published: May 20 2016 | 10:19 AM IST

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