Lakshmi Electrical Control Systems standalone net profit declines 41.77% in the March 2017 quarter

Sales decline 10.69% to Rs 45.70 crore

Net profit of Lakshmi Electrical Control Systems declined 41.77% to Rs 1.45 crore in the quarter ended March 2017 as against Rs 2.49 crore during the previous quarter ended March 2016. Sales declined 10.69% to Rs 45.70 crore in the quarter ended March 2017 as against Rs 51.17 crore during the previous quarter ended March 2016.

For the full year,net profit rose 2.56% to Rs 8.82 crore in the year ended March 2017 as against Rs 8.60 crore during the previous year ended March 2016. Sales declined 13.96% to Rs 160.92 crore in the year ended March 2017 as against Rs 187.04 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales45.7051.17 -11 160.92187.04 -14 OPM %6.727.97 -7.357.05 - PBDT4.004.62 -13 15.5315.00 4 PBT3.494.13 -15 13.5113.10 3 NP1.452.49 -42 8.828.60 3

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