Olympic Oil Industries standalone net profit declines 23.23% in the March 2016 quarter

Sales decline 24.10% to Rs 489.66 crore

Net profit of Olympic Oil Industries declined 23.23% to Rs 2.28 crore in the quarter ended March 2016 as against Rs 2.97 crore during the previous quarter ended March 2015. Sales declined 24.10% to Rs 489.66 crore in the quarter ended March 2016 as against Rs 645.18 crore during the previous quarter ended March 2015.

For the full year,net profit declined 7.03% to Rs 8.59 crore in the year ended March 2016 as against Rs 9.24 crore during the previous year ended March 2015. Sales rose 5.25% to Rs 1976.40 crore in the year ended March 2016 as against Rs 1877.88 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales489.66645.18 -24 1976.401877.88 5 OPM %1.111.20 -1.211.15 - PBDT3.675.02 -27 13.3314.24 -6 PBT3.575.00 -29 12.9913.97 -7 NP2.282.97 -23 8.599.24 -7

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