Hind Aluminium Industries standalone net profit declines 55.23% in the March 2017 quarter

Sales decline 32.56% to Rs 138.47 crore

Net profit of Hind Aluminium Industries declined 55.23% to Rs 0.77 crore in the quarter ended March 2017 as against Rs 1.72 crore during the previous quarter ended March 2016. Sales declined 32.56% to Rs 138.47 crore in the quarter ended March 2017 as against Rs 205.33 crore during the previous quarter ended March 2016.

For the full year,net profit declined 28.30% to Rs 6.46 crore in the year ended March 2017 as against Rs 9.01 crore during the previous year ended March 2016. Sales declined 30.84% to Rs 496.86 crore in the year ended March 2017 as against Rs 718.38 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales138.47205.33 -33 496.86718.38 -31 OPM %1.083.51 -3.633.48 - PBDT0.984.87 -80 11.5816.81 -31 PBT0.774.08 -81 8.5713.51 -37 NP0.771.72 -55 6.469.01 -28

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