Coral India Finance & Housing standalone net profit declines 48.64% in the March 2016 quarter

Sales decline 52.33% to Rs 2.76 crore

Net profit of Coral India Finance & Housing declined 48.64% to Rs 1.32 crore in the quarter ended March 2016 as against Rs 2.57 crore during the previous quarter ended March 2015. Sales declined 52.33% to Rs 2.76 crore in the quarter ended March 2016 as against Rs 5.79 crore during the previous quarter ended March 2015.

For the full year,net profit declined 38.57% to Rs 6.34 crore in the year ended March 2016 as against Rs 10.32 crore during the previous year ended March 2015. Sales declined 40.55% to Rs 11.42 crore in the year ended March 2016 as against Rs 19.21 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales2.765.79 -52 11.4219.21 -41 OPM %61.2360.10 -71.0268.77 - PBDT1.693.48 -51 8.1113.20 -39 PBT1.573.41 -54 7.8513.01 -40 NP1.322.57 -49 6.3410.32 -39

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