Maharashtra Seamless standalone net profit rises 27.04% in the March 2016 quarter

Sales decline 9.35% to Rs 325.04 crore

Net profit of Maharashtra Seamless rose 27.04% to Rs 38.29 crore in the quarter ended March 2016 as against Rs 30.14 crore during the previous quarter ended March 2015. Sales declined 9.35% to Rs 325.04 crore in the quarter ended March 2016 as against Rs 358.57 crore during the previous quarter ended March 2015.

For the full year,net profit declined 68.05% to Rs 39.16 crore in the year ended March 2016 as against Rs 122.56 crore during the previous year ended March 2015. Sales declined 24.25% to Rs 1015.94 crore in the year ended March 2016 as against Rs 1341.13 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales325.04358.57 -9 1015.941341.13 -24 OPM %14.346.81 -3.248.18 - PBDT71.8153.71 34 95.09188.87 -50 PBT65.3346.64 40 66.43159.63 -58 NP38.2930.14 27 39.16122.56 -68

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