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Surana Solar standalone net profit declines 80.92% in the March 2016 quarter

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Capital Market

Sales rise 60.17% to Rs 40.65 crore

Net profit of Surana Solar declined 80.92% to Rs 0.33 crore in the quarter ended March 2016 as against Rs 1.73 crore during the previous quarter ended March 2015. Sales rose 60.17% to Rs 40.65 crore in the quarter ended March 2016 as against Rs 25.38 crore during the previous quarter ended March 2015.

For the full year,net profit declined 74.76% to Rs 2.13 crore in the year ended March 2016 as against Rs 8.44 crore during the previous year ended March 2015. Sales declined 5.73% to Rs 118.21 crore in the year ended March 2016 as against Rs 125.39 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales40.6525.38 60 118.21125.39 -6 OPM %5.5813.12 -7.9114.10 - PBDT1.192.19 -46 6.1013.12 -54 PBT0.451.81 -75 3.1110.19 -69 NP0.331.73 -81 2.138.44 -75

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First Published: May 25 2016 | 8:02 AM IST

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