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Soma Textiles & Industries standalone net profit declines 50.16% in the March 2016 quarter

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Capital Market

Sales rise 6.22% to Rs 44.76 crore

Net profit of Soma Textiles & Industries declined 50.16% to Rs 1.52 crore in the quarter ended March 2016 as against Rs 3.05 crore during the previous quarter ended March 2015. Sales rose 6.22% to Rs 44.76 crore in the quarter ended March 2016 as against Rs 42.14 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 14.23 crore in the year ended March 2016 as against net loss of Rs 33.58 crore during the previous year ended March 2015. Sales declined 24.52% to Rs 170.24 crore in the year ended March 2016 as against Rs 225.54 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales44.7642.14 6 170.24225.54 -25 OPM %10.633.25 -2.93-3.83 - PBDT-0.98-4.03 76 -16.68-29.37 43 PBT-2.28-6.26 64 -23.47-47.64 51 NP1.523.05 -50 -14.23-33.58 58

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First Published: May 28 2016 | 9:18 AM IST

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