Nelcast standalone net profit rises 12.24% in the March 2016 quarter

Sales rise 1.24% to Rs 129.51 crore

Net profit of Nelcast rose 12.24% to Rs 6.42 crore in the quarter ended March 2016 as against Rs 5.72 crore during the previous quarter ended March 2015. Sales rose 1.24% to Rs 129.51 crore in the quarter ended March 2016 as against Rs 127.92 crore during the previous quarter ended March 2015.

For the full year,net profit rose 45.26% to Rs 31.87 crore in the year ended March 2016 as against Rs 21.94 crore during the previous year ended March 2015. Sales rose 2.90% to Rs 560.70 crore in the year ended March 2016 as against Rs 544.89 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales129.51127.92 1 560.70544.89 3 OPM %9.618.19 -11.408.28 - PBDT11.5710.82 7 59.0542.19 40 PBT8.237.76 6 46.1929.54 56 NP6.425.72 12 31.8721.94 45

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