Shriram City Union Finance standalone net profit declines 62.91% in the March 2016 quarter

Sales rise 9.38% to Rs 975.70 crore

Net profit of Shriram City Union Finance declined 62.91% to Rs 55.49 crore in the quarter ended March 2016 as against Rs 149.60 crore during the previous quarter ended March 2015. Sales rose 9.38% to Rs 975.70 crore in the quarter ended March 2016 as against Rs 892.03 crore during the previous quarter ended March 2015.

For the full year,net profit declined 5.07% to Rs 529.78 crore in the year ended March 2016 as against Rs 558.06 crore during the previous year ended March 2015. Sales rose 10.13% to Rs 3834.87 crore in the year ended March 2016 as against Rs 3482.24 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales975.70892.03 9 3834.873482.24 10 OPM %44.5661.69 -57.5362.08 - PBDT97.72233.55 -58 843.76883.74 -5 PBT86.41224.34 -61 806.84841.08 -4 NP55.49149.60 -63 529.78558.06 -5

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