Tube Investments of India consolidated net profit rises 391.83% in the March 2016 quarter

Sales decline 29.37% to Rs 1585.77 crore

Net profit of Tube Investments of India rose 391.83% to Rs 725.55 crore in the quarter ended March 2016 as against Rs 147.52 crore during the previous quarter ended March 2015. Sales declined 29.37% to Rs 1585.77 crore in the quarter ended March 2016 as against Rs 2245.09 crore during the previous quarter ended March 2015.

For the full year,net profit rose 144.82% to Rs 1038.91 crore in the year ended March 2016 as against Rs 424.36 crore during the previous year ended March 2015. Sales declined 18.22% to Rs 7491.21 crore in the year ended March 2016 as against Rs 9160.07 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1585.772245.09 -29 7491.219160.07 -18 OPM %12.3837.17 -23.5435.12 - PBDT169.01324.09 -48 810.511140.06 -29 PBT115.91276.02 -58 647.56969.28 -33 NP725.55147.52 392 1038.91424.36 145

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