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Smruthi Organics standalone net profit declines 34.46% in the March 2016 quarter

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Capital Market

Sales decline 10.62% to Rs 21.88 crore

Net profit of Smruthi Organics declined 34.46% to Rs 2.13 crore in the quarter ended March 2016 as against Rs 3.25 crore during the previous quarter ended March 2015. Sales declined 10.62% to Rs 21.88 crore in the quarter ended March 2016 as against Rs 24.48 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 0.72 crore in the year ended March 2016 as against net loss of Rs 3.81 crore during the previous year ended March 2015. Sales declined 1.88% to Rs 71.50 crore in the year ended March 2016 as against Rs 72.87 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales21.8824.48 -11 71.5072.87 -2 OPM %22.3514.13 -14.816.37 - PBDT4.001.93 107 5.92-0.85 LP PBT3.001.41 113 1.59-5.65 LP NP2.133.25 -34 0.72-3.81 LP

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First Published: Apr 28 2016 | 3:04 PM IST

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