Sharda Ispat standalone net profit declines 72.16% in the March 2016 quarter

Sales rise 20.45% to Rs 16.08 crore

Net profit of Sharda Ispat declined 72.16% to Rs 0.49 crore in the quarter ended March 2016 as against Rs 1.76 crore during the previous quarter ended March 2015. Sales rose 20.45% to Rs 16.08 crore in the quarter ended March 2016 as against Rs 13.35 crore during the previous quarter ended March 2015.

For the full year,net profit rose 60.76% to Rs 1.27 crore in the year ended March 2016 as against Rs 0.79 crore during the previous year ended March 2015. Sales rose 8.20% to Rs 59.36 crore in the year ended March 2016 as against Rs 54.86 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales16.0813.35 20 59.3654.86 8 OPM %-0.12-2.47 -3.670.66 - PBDT0.581.39 -58 0.841.20 -30 PBT0.521.76 -70 0.611.01 -40 NP0.491.76 -72 1.270.79 61

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