Akashdeep Metal Industries reports standalone net profit of Rs 0.01 crore in the March 2016 quarter

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Sales decline 1.29% to Rs 9.98 crore
Net profit of Akashdeep Metal Industries reported to Rs 0.01 crore in the quarter ended March 2016 as against net loss of Rs 0.01 crore during the previous quarter ended March 2015. Sales declined 1.29% to Rs 9.98 crore in the quarter ended March 2016 as against Rs 10.11 crore during the previous quarter ended March 2015.For the full year,net profit remain constant at Rs 0.08 crore in the year ended March 2016 and also during the previous year ended March 2015. Sales rose 14.36% to Rs 41.26 crore in the year ended March 2016 as against Rs 36.08 crore during the previous year ended March 2015.
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First Published: May 19 2016 | 3:10 PM IST