Oriental Veneer Products standalone net profit declines 66.67% in the March 2016 quarter

Image
Capital Market
Last Updated : Jun 03 2016 | 9:29 AM IST

Sales rise 5.87% to Rs 20.19 crore

Net profit of Oriental Veneer Products declined 66.67% to Rs 0.56 crore in the quarter ended March 2016 as against Rs 1.68 crore during the previous quarter ended March 2015. Sales rose 5.87% to Rs 20.19 crore in the quarter ended March 2016 as against Rs 19.07 crore during the previous quarter ended March 2015.

For the full year,net profit rose 31.01% to Rs 4.14 crore in the year ended March 2016 as against Rs 3.16 crore during the previous year ended March 2015. Sales rose 4.80% to Rs 81.08 crore in the year ended March 2016 as against Rs 77.37 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales20.1919.07 6 81.0877.37 5 OPM %4.1619.61 -7.918.80 - PBDT1.132.99 -62 7.455.73 30 PBT0.972.64 -63 6.404.70 36 NP0.561.68 -67 4.143.16 31

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 03 2016 | 9:06 AM IST

Next Story