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

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

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