Greaves Cotton standalone net profit rises 3473.30% in the December 2015 quarter

Sales decline 5.89% to Rs 404.64 crore

Net profit of Greaves Cotton rose 3473.30% to Rs 62.89 crore in the quarter ended December 2015 as against Rs 1.76 crore during the previous quarter ended December 2014. Sales declined 5.89% to Rs 404.64 crore in the quarter ended December 2015 as against Rs 429.97 crore during the previous quarter ended December 2014. ParticularsQuarter EndedDec. 2015Dec. 2014% Var.Sales404.64429.97 -6 OPM %16.6311.98 -PBDT79.9956.24 42 PBT68.4343.84 56 NP62.891.76 3473

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