Wendt India consolidated net profit declines 65.84% in the March 2016 quarter

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Sales rise 5.74% to Rs 34.62 crore
Net profit of Wendt India declined 65.84% to Rs 1.51 crore in the quarter ended March 2016 as against Rs 4.42 crore during the previous quarter ended March 2015. Sales rose 5.74% to Rs 34.62 crore in the quarter ended March 2016 as against Rs 32.74 crore during the previous quarter ended March 2015.For the full year,net profit declined 25.33% to Rs 10.11 crore in the year ended March 2016 as against Rs 13.54 crore during the previous year ended March 2015. Sales rose 8.64% to Rs 133.35 crore in the year ended March 2016 as against Rs 122.74 crore during the previous year ended March 2015.
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First Published: Apr 29 2016 | 9:23 AM IST