Ortel Communications standalone net profit declines 51.15% in the March 2016 quarter

Image
Capital Market
Last Updated : May 02 2016 | 9:47 AM IST

Sales rise 18.64% to Rs 53.28 crore

Net profit of Ortel Communications declined 51.15% to Rs 2.76 crore in the quarter ended March 2016 as against Rs 5.65 crore during the previous quarter ended March 2015. Sales rose 18.64% to Rs 53.28 crore in the quarter ended March 2016 as against Rs 44.91 crore during the previous quarter ended March 2015.

For the full year,net profit rose 113.04% to Rs 11.93 crore in the year ended March 2016 as against Rs 5.60 crore during the previous year ended March 2015. Sales rose 21.26% to Rs 187.70 crore in the year ended March 2016 as against Rs 154.79 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales53.2844.91 19 187.70154.79 21 OPM %25.1536.81 -25.8527.25 - PBDT8.6911.38 -24 33.5625.92 29 PBT3.746.66 -44 14.997.06 112 NP2.765.65 -51 11.935.60 113

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: May 02 2016 | 9:23 AM IST

Next Story