Dredging Corporation of India standalone net profit rises 1479.46% in the March 2015 quarter

Sales decline 5.41% to Rs 193.76 crore

Net profit of Dredging Corporation of India rose 1479.46% to Rs 40.75 crore in the quarter ended March 2015 as against Rs 2.58 crore during the previous quarter ended March 2014. Sales declined 5.41% to Rs 193.76 crore in the quarter ended March 2015 as against Rs 204.85 crore during the previous quarter ended March 2014.

For the full year,net profit rose 66.21% to Rs 62.41 crore in the year ended March 2015 as against Rs 37.55 crore during the previous year ended March 2014. Sales declined 5.99% to Rs 725.52 crore in the year ended March 2015 as against Rs 771.72 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales193.76204.85 -5 725.52771.72 -6 OPM %34.4221.17 -24.0324.08 - PBDT66.1839.79 66 157.51177.16 -11 PBT42.553.47 1126 65.3738.84 68 NP40.752.58 1479 62.4137.55 66

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