Kirloskar Industries standalone net profit declines 79.01% in the March 2017 quarter

Sales rise 10.26% to Rs 0.86 crore

Net profit of Kirloskar Industries declined 79.01% to Rs 4.24 crore in the quarter ended March 2017 as against Rs 20.20 crore during the previous quarter ended March 2016. Sales rose 10.26% to Rs 0.86 crore in the quarter ended March 2017 as against Rs 0.78 crore during the previous quarter ended March 2016.

For the full year,net profit declined 52.17% to Rs 28.82 crore in the year ended March 2017 as against Rs 60.25 crore during the previous year ended March 2016. Sales declined 25.68% to Rs 3.53 crore in the year ended March 2017 as against Rs 4.75 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.860.78 10 3.534.75 -26 OPM %-279.07-201.28 --169.12-56.42 - PBDT7.0522.14 -68 38.4669.27 -44 PBT6.7121.92 -69 37.4668.38 -45 NP4.2420.20 -79 28.8260.25 -52

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