Banco Products (India) reports consolidated net profit of Rs 21.57 crore in the March 2016 quarter

Sales rise 16.59% to Rs 287.30 crore

Net profit of Banco Products (India) reported to Rs 21.57 crore in the quarter ended March 2016 as against net loss of Rs 2.59 crore during the previous quarter ended March 2015. Sales rose 16.59% to Rs 287.30 crore in the quarter ended March 2016 as against Rs 246.42 crore during the previous quarter ended March 2015.

For the full year,net profit rose 2.56% to Rs 89.89 crore in the year ended March 2016 as against Rs 87.65 crore during the previous year ended March 2015. Sales rose 6.87% to Rs 1187.87 crore in the year ended March 2016 as against Rs 1111.56 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales287.30246.42 17 1187.871111.56 7 OPM %11.490.95 -12.328.81 - PBDT33.289.57 248 154.13146.67 5 PBT25.350.11 22945 119.46112.84 6 NP21.57-2.59 LP 89.8987.65 3

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