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Shreyas Shipping & Logistics consolidated net profit declines 58.53% in the March 2016 quarter

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Capital Market

Sales rise 21.84% to Rs 176.05 crore

Net profit of Shreyas Shipping & Logistics declined 58.53% to Rs 15.11 crore in the quarter ended March 2016 as against Rs 36.44 crore during the previous quarter ended March 2015. Sales rose 21.84% to Rs 176.05 crore in the quarter ended March 2016 as against Rs 144.49 crore during the previous quarter ended March 2015.

For the full year,net profit declined 19.86% to Rs 49.19 crore in the year ended March 2016 as against Rs 61.38 crore during the previous year ended March 2015. Sales rose 8.19% to Rs 590.29 crore in the year ended March 2016 as against Rs 545.61 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales176.05144.49 22 590.29545.61 8 OPM %14.9630.01 -13.4221.15 - PBDT25.9340.86 -37 70.14107.09 -35 PBT16.8738.32 -56 51.4496.18 -47 NP15.1136.44 -59 49.1961.38 -20

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First Published: May 26 2016 | 2:49 PM IST

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