Kiran Vyapar consolidated net profit declines 94.23% in the March 2016 quarter

Image
Capital Market
Last Updated : Jun 03 2016 | 1:47 PM IST

Sales decline 47.82% to Rs 5.38 crore

Net profit of Kiran Vyapar declined 94.23% to Rs 2.05 crore in the quarter ended March 2016 as against Rs 35.50 crore during the previous quarter ended March 2015. Sales declined 47.82% to Rs 5.38 crore in the quarter ended March 2016 as against Rs 10.31 crore during the previous quarter ended March 2015.

For the full year,net profit declined 50.29% to Rs 34.85 crore in the year ended March 2016 as against Rs 70.10 crore during the previous year ended March 2015. Sales declined 3.30% to Rs 32.80 crore in the year ended March 2016 as against Rs 33.92 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales5.3810.31 -48 32.8033.92 -3 OPM %145.54266.25 -145.58177.21 - PBDT9.1728.18 -67 49.7265.52 -24 PBT8.5327.82 -69 47.7864.57 -26 NP2.0535.50 -94 34.8570.10 -50

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 03 2016 | 1:17 PM IST

Next Story