Lloyd Electric & Engineering standalone net profit declines 82.74% in the March 2016 quarter

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Sales rise 30.99% to Rs 809.93 crore
Net profit of Lloyd Electric & Engineering declined 82.74% to Rs 8.64 crore in the quarter ended March 2016 as against Rs 50.05 crore during the previous quarter ended March 2015. Sales rose 30.99% to Rs 809.93 crore in the quarter ended March 2016 as against Rs 618.31 crore during the previous quarter ended March 2015.For the full year,net profit declined 31.32% to Rs 56.07 crore in the year ended March 2016 as against Rs 81.64 crore during the previous year ended March 2015. Sales rose 29.84% to Rs 2382.53 crore in the year ended March 2016 as against Rs 1834.96 crore during the previous year ended March 2015.
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First Published: May 31 2016 | 10:36 AM IST