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Vascon Engineers reports standalone net profit of Rs 1.64 crore in the March 2016 quarter

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Capital Market

Sales rise 37.77% to Rs 72.84 crore

Net profit of Vascon Engineers reported to Rs 1.64 crore in the quarter ended March 2016 as against net loss of Rs 73.34 crore during the previous quarter ended March 2015. Sales rose 37.77% to Rs 72.84 crore in the quarter ended March 2016 as against Rs 52.87 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 6.58 crore in the year ended March 2016 as against net loss of Rs 144.70 crore during the previous year ended March 2015. Sales rose 6.32% to Rs 303.16 crore in the year ended March 2016 as against Rs 285.15 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales72.8452.87 38 303.16285.15 6 OPM %1.96-119.44 -7.80-41.29 - PBDT4.33-64.72 LP 17.48-128.40 LP PBT1.65-70.71 LP 6.59-139.38 LP NP1.64-73.34 LP 6.58-144.70 LP

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First Published: May 17 2016 | 5:35 PM IST

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