Precision Camshafts standalone net profit declines 18.87% in the March 2016 quarter

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Sales decline 17.55% to Rs 103.66 crore
Net profit of Precision Camshafts declined 18.87% to Rs 9.50 crore in the quarter ended March 2016 as against Rs 11.71 crore during the previous quarter ended March 2015. Sales declined 17.55% to Rs 103.66 crore in the quarter ended March 2016 as against Rs 125.73 crore during the previous quarter ended March 2015.For the full year,net profit rose 15.28% to Rs 54.91 crore in the year ended March 2016 as against Rs 47.63 crore during the previous year ended March 2015. Sales declined 14.75% to Rs 424.36 crore in the year ended March 2016 as against Rs 497.80 crore during the previous year ended March 2015.
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First Published: Jun 01 2016 | 3:48 PM IST