Petron Engineering Construction standalone net profit declines 95.02% in the March 2016 quarter

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Sales decline 17.64% to Rs 102.16 crore
Net profit of Petron Engineering Construction declined 95.02% to Rs 0.50 crore in the quarter ended March 2016 as against Rs 10.04 crore during the previous quarter ended March 2015. Sales declined 17.64% to Rs 102.16 crore in the quarter ended March 2016 as against Rs 124.04 crore during the previous quarter ended March 2015.For the full year,net profit rose 604.84% to Rs 4.37 crore in the year ended March 2016 as against Rs 0.62 crore during the previous year ended March 2015. Sales rose 1.90% to Rs 421.55 crore in the year ended March 2016 as against Rs 413.68 crore during the previous year ended March 2015.
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First Published: Jun 03 2016 | 12:49 PM IST