Engineers India standalone net profit declines 35.78% in the March 2016 quarter

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Sales decline 41.37% to Rs 286.42 crore
Net profit of Engineers India declined 35.78% to Rs 69.92 crore in the quarter ended March 2016 as against Rs 108.87 crore during the previous quarter ended March 2015. Sales declined 41.37% to Rs 286.42 crore in the quarter ended March 2016 as against Rs 488.54 crore during the previous quarter ended March 2015.For the full year,net profit declined 16.13% to Rs 258.31 crore in the year ended March 2016 as against Rs 307.98 crore during the previous year ended March 2015. Sales declined 12.68% to Rs 1495.84 crore in the year ended March 2016 as against Rs 1713.00 crore during the previous year ended March 2015.
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First Published: May 26 2016 | 7:56 AM IST