Phoenix Lamps standalone net profit declines 67.65% in the March 2015 quarter

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Sales decline 9.20% to Rs 60.59 crore
Net profit of Phoenix Lamps declined 67.65% to Rs 4.17 crore in the quarter ended March 2015 as against Rs 12.89 crore during the previous quarter ended March 2014. Sales declined 9.20% to Rs 60.59 crore in the quarter ended March 2015 as against Rs 66.73 crore during the previous quarter ended March 2014.For the full year,net profit declined 69.52% to Rs 27.48 crore in the year ended March 2015 as against Rs 90.16 crore during the previous year ended March 2014. Sales declined 34.18% to Rs 244.10 crore in the year ended March 2015 as against Rs 370.88 crore during the previous year ended March 2014.
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First Published: May 22 2015 | 12:43 PM IST