STL Global standalone net profit rises 534.44% in the March 2016 quarter

Sales decline 2.96% to Rs 26.54 crore

Net profit of STL Global rose 534.44% to Rs 11.42 crore in the quarter ended March 2016 as against Rs 1.80 crore during the previous quarter ended March 2015. Sales declined 2.96% to Rs 26.54 crore in the quarter ended March 2016 as against Rs 27.35 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 5.02 crore in the year ended March 2016 as against net loss of Rs 30.08 crore during the previous year ended March 2015. Sales declined 13.03% to Rs 68.63 crore in the year ended March 2016 as against Rs 78.91 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales26.5427.35 -3 68.6378.91 -13 OPM %39.9830.57 -8.220.06 - PBDT23.803.96 501 10.87-23.66 LP PBT22.621.80 1157 6.18-30.08 LP NP11.421.80 534 -5.02-30.08 83

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