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Manaksia Coated Metals & Industries consolidated net profit declines 61.47% in the March 2017 quarter

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Sales decline 19.37% to Rs 57.03 crore

Net profit of Coated Metals & Industries declined 61.47% to Rs 0.84 crore in the quarter ended March 2017 as against Rs 2.18 crore during the previous quarter ended March 2016. Sales declined 19.37% to Rs 57.03 crore in the quarter ended March 2017 as against Rs 70.73 crore during the previous quarter ended March 2016.

For the full year,net profit declined 52.43% to Rs 1.37 crore in the year ended March 2017 as against Rs 2.88 crore during the previous year ended March 2016. Sales rose 19.32% to Rs 268.17 crore in the year ended March 2017 as against Rs 224.74 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales57.0370.73 -19 268.17224.74 19 OPM %4.9115.62 -4.715.46 - PBDT3.195.91 -46 11.8612.41 -4 PBT1.203.77 -68 3.692.53 46 NP0.842.18 -61 1.372.88 -52

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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