Sales decline 17.71% to Rs 2.37 crore
Net profit of Sainik Finance & Industries declined 49.47% to Rs 0.48 crore in the quarter ended March 2016 as against Rs 0.95 crore during the previous quarter ended March 2015. Sales declined 17.71% to Rs 2.37 crore in the quarter ended March 2016 as against Rs 2.88 crore during the previous quarter ended March 2015.For the full year,net profit declined 23.47% to Rs 1.50 crore in the year ended March 2016 as against Rs 1.96 crore during the previous year ended March 2015. Sales declined 2.65% to Rs 9.19 crore in the year ended March 2016 as against Rs 9.44 crore during the previous year ended March 2015.
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