ITI standalone net profit rises 10213.91% in the March 2016 quarter

Sales rise 147.55% to Rs 475.28 crore

Net profit of ITI rose 10213.91% to Rs 237.22 crore in the quarter ended March 2016 as against Rs 2.30 crore during the previous quarter ended March 2015. Sales rose 147.55% to Rs 475.28 crore in the quarter ended March 2016 as against Rs 191.99 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 251.19 crore in the year ended March 2016 as against net loss of Rs 297.13 crore during the previous year ended March 2015. Sales rose 107.50% to Rs 1189.34 crore in the year ended March 2016 as against Rs 573.18 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales475.28191.99 148 1189.34573.18 108 OPM %-6.01-6.67 --14.78-36.70 - PBDT238.754.78 4895 151.59-281.81 LP PBT237.222.30 10214 138.69-297.13 LP NP237.222.30 10214 251.19-297.13 LP

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