Phoenix International standalone net profit rises 130.77% in the March 2016 quarter

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Sales decline 50.76% to Rs 5.53 crore
Net profit of Phoenix International rose 130.77% to Rs 0.30 crore in the quarter ended March 2016 as against Rs 0.13 crore during the previous quarter ended March 2015. Sales declined 50.76% to Rs 5.53 crore in the quarter ended March 2016 as against Rs 11.23 crore during the previous quarter ended March 2015.For the full year,net profit rose 5.43% to Rs 0.97 crore in the year ended March 2016 as against Rs 0.92 crore during the previous year ended March 2015. Sales declined 4.54% to Rs 37.39 crore in the year ended March 2016 as against Rs 39.17 crore during the previous year ended March 2015.
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First Published: Jun 03 2016 | 12:32 PM IST