Kirloskar Ferrous Industries standalone net profit rises 752.11% in the March 2016 quarter

Sales decline 23.33% to Rs 247.37 crore

Net profit of Kirloskar Ferrous Industries rose 752.11% to Rs 12.10 crore in the quarter ended March 2016 as against Rs 1.42 crore during the previous quarter ended March 2015. Sales declined 23.33% to Rs 247.37 crore in the quarter ended March 2016 as against Rs 322.64 crore during the previous quarter ended March 2015.

For the full year,net profit rose 17.15% to Rs 57.73 crore in the year ended March 2016 as against Rs 49.28 crore during the previous year ended March 2015. Sales declined 18.40% to Rs 1113.93 crore in the year ended March 2016 as against Rs 1365.09 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales247.37322.64 -23 1113.931365.09 -18 OPM %14.498.16 -13.5710.91 - PBDT31.3121.00 49 129.59122.27 6 PBT19.932.83 604 85.2271.85 19 NP12.101.42 752 57.7349.28 17

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