Vallabh Steels standalone net profit declines 97.96% in the March 2016 quarter

Sales rise 8.36% to Rs 36.03 crore

Net profit of Vallabh Steels declined 97.96% to Rs 0.03 crore in the quarter ended March 2016 as against Rs 1.47 crore during the previous quarter ended March 2015. Sales rose 8.36% to Rs 36.03 crore in the quarter ended March 2016 as against Rs 33.25 crore during the previous quarter ended March 2015.

For the full year,net profit declined 40.35% to Rs 1.36 crore in the year ended March 2016 as against Rs 2.28 crore during the previous year ended March 2015. Sales rose 3.06% to Rs 141.92 crore in the year ended March 2016 as against Rs 137.70 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales36.0333.25 8 141.92137.70 3 OPM %2.72-0.96 -4.553.92 - PBDT0.34-0.45 LP 2.351.24 90 PBT0.23-0.49 LP 1.720.51 237 NP0.031.47 -98 1.362.28 -40

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