Kalyani Steels standalone net profit rises 21.15% in the March 2016 quarter

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Sales decline 0.20% to Rs 301.49 crore
Net profit of Kalyani Steels rose 21.15% to Rs 29.10 crore in the quarter ended March 2016 as against Rs 24.02 crore during the previous quarter ended March 2015. Sales declined 0.20% to Rs 301.49 crore in the quarter ended March 2016 as against Rs 302.09 crore during the previous quarter ended March 2015.For the full year,net profit rose 36.33% to Rs 113.58 crore in the year ended March 2016 as against Rs 83.31 crore during the previous year ended March 2015. Sales declined 3.82% to Rs 1179.19 crore in the year ended March 2016 as against Rs 1225.99 crore during the previous year ended March 2015.
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First Published: May 24 2016 | 4:27 PM IST