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Vaibhav Global consolidated net profit declines 50.00% in the March 2016 quarter

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Capital Market

Sales decline 3.21% to Rs 347.49 crore

Net profit of Vaibhav Global declined 50.00% to Rs 8.79 crore in the quarter ended March 2016 as against Rs 17.58 crore during the previous quarter ended March 2015. Sales declined 3.21% to Rs 347.49 crore in the quarter ended March 2016 as against Rs 359.01 crore during the previous quarter ended March 2015.

For the full year,net profit declined 61.40% to Rs 39.82 crore in the year ended March 2016 as against Rs 103.16 crore during the previous year ended March 2015. Sales declined 7.25% to Rs 1275.85 crore in the year ended March 2016 as against Rs 1375.52 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales347.49359.01 -3 1275.851375.52 -7 OPM %3.809.40 -5.2910.15 - PBDT12.2329.69 -59 68.44139.55 -51 PBT5.4324.86 -78 44.80127.67 -65 NP8.7917.58 -50 39.82103.16 -61

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First Published: May 20 2016 | 8:27 AM IST

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