Sales decline 1.69% to Rs 20.99 crore
Net profit of Tamilnadu Steel Tubes declined 40.51% to Rs 1.85 crore in the quarter ended March 2016 as against Rs 3.11 crore during the previous quarter ended March 2015. Sales declined 1.69% to Rs 20.99 crore in the quarter ended March 2016 as against Rs 21.35 crore during the previous quarter ended March 2015.For the full year,net profit declined 47.29% to Rs 2.53 crore in the year ended March 2016 as against Rs 4.80 crore during the previous year ended March 2015. Sales declined 16.57% to Rs 78.40 crore in the year ended March 2016 as against Rs 93.97 crore during the previous year ended March 2015.
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