Indian Hume Pipe Company standalone net profit declines 24.92% in the March 2016 quarter

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Sales rise 0.95% to Rs 297.57 crore
Net profit of Indian Hume Pipe Company declined 24.92% to Rs 9.43 crore in the quarter ended March 2016 as against Rs 12.56 crore during the previous quarter ended March 2015. Sales rose 0.95% to Rs 297.57 crore in the quarter ended March 2016 as against Rs 294.76 crore during the previous quarter ended March 2015.For the full year,net profit declined 30.00% to Rs 29.10 crore in the year ended March 2016 as against Rs 41.57 crore during the previous year ended March 2015. Sales declined 6.67% to Rs 936.91 crore in the year ended March 2016 as against Rs 1003.83 crore during the previous year ended March 2015.
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First Published: May 20 2016 | 8:29 AM IST