Parnax Lab consolidated net profit declines 76.36% in the March 2016 quarter

Sales decline 27.44% to Rs 18.85 crore

Net profit of Parnax Lab declined 76.36% to Rs 0.26 crore in the quarter ended March 2016 as against Rs 1.10 crore during the previous quarter ended March 2015. Sales declined 27.44% to Rs 18.85 crore in the quarter ended March 2016 as against Rs 25.98 crore during the previous quarter ended March 2015.

For the full year,net profit declined 41.18% to Rs 2.50 crore in the year ended March 2016 as against Rs 4.25 crore during the previous year ended March 2015. Sales declined 30.73% to Rs 71.18 crore in the year ended March 2016 as against Rs 102.75 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales18.8525.98 -27 71.18102.75 -31 OPM %11.0312.28 -14.9912.49 - PBDT1.062.04 -48 6.388.43 -24 PBT0.261.10 -76 3.485.44 -36 NP0.261.10 -76 2.504.25 -41

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