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Smartlink Network Systems standalone net profit declines 33.16% in the March 2016 quarter

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Capital Market

Sales rise 31.26% to Rs 19.40 crore

Net profit of Smartlink Network Systems declined 33.16% to Rs 2.50 crore in the quarter ended March 2016 as against Rs 3.74 crore during the previous quarter ended March 2015. Sales rose 31.26% to Rs 19.40 crore in the quarter ended March 2016 as against Rs 14.78 crore during the previous quarter ended March 2015.

For the full year,net profit declined 66.84% to Rs 4.38 crore in the year ended March 2016 as against Rs 13.21 crore during the previous year ended March 2015. Sales declined 22.67% to Rs 70.24 crore in the year ended March 2016 as against Rs 90.83 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales19.4014.78 31 70.2490.83 -23 OPM %-20.00-52.17 --34.18-23.65 - PBDT4.264.36 -2 8.6516.75 -48 PBT3.863.78 2 6.7613.48 -50 NP2.503.74 -33 4.3813.21 -67

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First Published: May 06 2016 | 8:24 AM IST

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