Lumax Auto Technologies standalone net profit declines 86.16% in the March 2017 quarter

Sales decline 17.09% to Rs 114.34 crore

Net profit of Lumax Auto Technologies declined 86.16% to Rs 1.06 crore in the quarter ended March 2017 as against Rs 7.66 crore during the previous quarter ended March 2016. Sales declined 17.09% to Rs 114.34 crore in the quarter ended March 2017 as against Rs 137.91 crore during the previous quarter ended March 2016.

For the full year,net profit declined 73.91% to Rs 5.10 crore in the year ended March 2017 as against Rs 19.55 crore during the previous year ended March 2016. Sales declined 9.52% to Rs 507.85 crore in the year ended March 2017 as against Rs 561.30 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales114.34137.91 -17 507.85561.30 -10 OPM %3.694.79 -4.546.19 - PBDT4.7912.15 -61 23.4038.74 -40 PBT1.608.85 -82 10.3227.04 -62 NP1.067.66 -86 5.1019.55 -74

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