Axtel Industries standalone net profit rises 312.27% in the March 2016 quarter

Sales rise 52.83% to Rs 31.91 crore

Net profit of Axtel Industries rose 312.27% to Rs 6.72 crore in the quarter ended March 2016 as against Rs 1.63 crore during the previous quarter ended March 2015. Sales rose 52.83% to Rs 31.91 crore in the quarter ended March 2016 as against Rs 20.88 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 4.80 crore in the year ended March 2016 as against net loss of Rs 7.54 crore during the previous year ended March 2015. Sales rose 68.09% to Rs 67.12 crore in the year ended March 2016 as against Rs 39.93 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales31.9120.88 53 67.1239.93 68 OPM %27.9815.18 -15.38-5.74 - PBDT8.752.99 193 9.17-4.00 LP PBT7.641.28 497 5.72-7.89 LP NP6.721.63 312 4.80-7.54 LP

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