Crimson Metal Engineering Company standalone net profit declines 66.67% in the March 2016 quarter

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Sales rise 97.25% to Rs 19.37 crore
Net profit of Crimson Metal Engineering Company declined 66.67% to Rs 0.14 crore in the quarter ended March 2016 as against Rs 0.42 crore during the previous quarter ended March 2015. Sales rose 97.25% to Rs 19.37 crore in the quarter ended March 2016 as against Rs 9.82 crore during the previous quarter ended March 2015.For the full year,net profit declined 43.02% to Rs 0.49 crore in the year ended March 2016 as against Rs 0.86 crore during the previous year ended March 2015. Sales rose 3.18% to Rs 45.72 crore in the year ended March 2016 as against Rs 44.31 crore during the previous year ended March 2015.
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First Published: May 31 2016 | 5:29 PM IST