ITL Industries standalone net profit declines 52.80% in the March 2016 quarter

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Sales decline 25.67% to Rs 14.62 crore
Net profit of ITL Industries declined 52.80% to Rs 0.59 crore in the quarter ended March 2016 as against Rs 1.25 crore during the previous quarter ended March 2015. Sales declined 25.67% to Rs 14.62 crore in the quarter ended March 2016 as against Rs 19.67 crore during the previous quarter ended March 2015.For the full year,net profit declined 8.30% to Rs 2.10 crore in the year ended March 2016 as against Rs 2.29 crore during the previous year ended March 2015. Sales rose 1.15% to Rs 56.27 crore in the year ended March 2016 as against Rs 55.63 crore during the previous year ended March 2015.
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First Published: Jun 01 2016 | 4:34 PM IST