Tai Industries reports standalone nil net profit/loss in the March 2016 quarter

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Sales decline 34.62% to Rs 10.14 crore
Tai Industries reported no net profit/loss in the quarter ended March 2016 as against net loss of Rs 0.01 crore during the previous quarter ended March 2015. Sales declined 34.62% to Rs 10.14 crore in the quarter ended March 2016 as against Rs 15.51 crore during the previous quarter ended March 2015.For the full year,net profit rose 1.09% to Rs 0.93 crore in the year ended March 2016 as against Rs 0.92 crore during the previous year ended March 2015. Sales rose 7.35% to Rs 56.40 crore in the year ended March 2016 as against Rs 52.54 crore during the previous year ended March 2015.
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First Published: May 27 2016 | 8:58 AM IST