Premier Pipes standalone net profit declines 86.67% in the March 2015 quarter

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Sales decline 51.69% to Rs 7.86 crore
Net profit of Premier Pipes declined 86.67% to Rs 0.02 crore in the quarter ended March 2015 as against Rs 0.15 crore during the previous quarter ended March 2014. Sales declined 51.69% to Rs 7.86 crore in the quarter ended March 2015 as against Rs 16.27 crore during the previous quarter ended March 2014.For the full year,net profit declined 3.57% to Rs 0.27 crore in the year ended March 2015 as against Rs 0.28 crore during the previous year ended March 2014. Sales rose 15.35% to Rs 34.05 crore in the year ended March 2015 as against Rs 29.52 crore during the previous year ended March 2014.
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First Published: Jun 02 2015 | 3:28 PM IST