Eimco Elecon (India) standalone net profit declines 26.73% in the March 2016 quarter

Sales decline 44.10% to Rs 43.51 crore

Net profit of Eimco Elecon (India) declined 26.73% to Rs 8.88 crore in the quarter ended March 2016 as against Rs 12.12 crore during the previous quarter ended March 2015. Sales declined 44.10% to Rs 43.51 crore in the quarter ended March 2016 as against Rs 77.84 crore during the previous quarter ended March 2015.

For the full year,net profit declined 22.68% to Rs 16.64 crore in the year ended March 2016 as against Rs 21.52 crore during the previous year ended March 2015. Sales declined 29.08% to Rs 138.79 crore in the year ended March 2016 as against Rs 195.71 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales43.5177.84 -44 138.79195.71 -29 OPM %26.1522.05 -16.2815.03 - PBDT12.3218.34 -33 26.1634.41 -24 PBT11.3917.21 -34 22.4730.08 -25 NP8.8812.12 -27 16.6421.52 -23

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