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Maharashtra Scooters standalone net profit rises 1258.36% in the March 2016 quarter

Capital Market 

Sales decline 29.96% to Rs 1.73 crore

Net profit of Scooters rose 1258.36% to Rs 47.95 crore in the quarter ended March 2016 as against Rs 3.53 crore during the previous quarter ended March 2015. Sales declined 29.96% to Rs 1.73 crore in the quarter ended March 2016 as against Rs 2.47 crore during the previous quarter ended March 2015.

For the full year,net profit rose 84.44% to Rs 101.00 crore in the year ended March 2016 as against Rs 54.76 crore during the previous year ended March 2015. Sales rose 29.06% to Rs 8.97 crore in the year ended March 2016 as against Rs 6.95 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1.732.47 -30 8.976.95 29 OPM %-80.35-42.11 --71.79-71.80 - PBDT48.143.87 1144 101.7457.92 76 PBT47.953.53 1258 101.0054.76 84 NP47.953.53 1258 101.0054.76 84

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First Published: Mon, May 23 2016. 15:17 IST
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