Lakshmi Finance & Industrial Corporation standalone net profit declines 53.66% in the March 2016 quarter

Sales decline 59.39% to Rs 0.93 crore

Net profit of Lakshmi Finance & Industrial Corporation declined 53.66% to Rs 0.57 crore in the quarter ended March 2016 as against Rs 1.23 crore during the previous quarter ended March 2015. Sales declined 59.39% to Rs 0.93 crore in the quarter ended March 2016 as against Rs 2.29 crore during the previous quarter ended March 2015.

For the full year,net profit declined 27.40% to Rs 3.63 crore in the year ended March 2016 as against Rs 5.00 crore during the previous year ended March 2015. Sales declined 30.37% to Rs 4.54 crore in the year ended March 2016 as against Rs 6.52 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.932.29 -59 4.546.52 -30 OPM %64.5282.53 -75.9982.98 - PBDT0.711.99 -64 3.835.73 -33 PBT0.701.94 -64 3.765.66 -34 NP0.571.23 -54 3.635.00 -27

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