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Solid Stone Company standalone net profit declines 94.26% in the March 2016 quarter

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Capital Market

Sales decline 19.27% to Rs 15.50 crore

Net profit of Solid Stone Company declined 94.26% to Rs 0.07 crore in the quarter ended March 2016 as against Rs 1.22 crore during the previous quarter ended March 2015. Sales declined 19.27% to Rs 15.50 crore in the quarter ended March 2016 as against Rs 19.20 crore during the previous quarter ended March 2015.

For the full year,net profit declined 72.56% to Rs 0.59 crore in the year ended March 2016 as against Rs 2.15 crore during the previous year ended March 2015. Sales rose 1.16% to Rs 58.19 crore in the year ended March 2016 as against Rs 57.52 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales15.5019.20 -19 58.1957.52 1 OPM %5.235.94 -5.697.06 - PBDT0.320.66 -52 1.632.47 -34 PBT0.151.90 -92 0.923.29 -72 NP0.071.22 -94 0.592.15 -73

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First Published: May 30 2016 | 6:15 PM IST

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