WEP Solutions consolidated net profit declines 55.56% in the March 2017 quarter

Sales decline 18.00% to Rs 18.91 crore

Net profit of WEP Solutions declined 55.56% to Rs 0.40 crore in the quarter ended March 2017 as against Rs 0.90 crore during the previous quarter ended March 2016. Sales declined 18.00% to Rs 18.91 crore in the quarter ended March 2017 as against Rs 23.06 crore during the previous quarter ended March 2016.

For the full year,net profit declined 62.16% to Rs 0.28 crore in the year ended March 2017 as against Rs 0.74 crore during the previous year ended March 2016. Sales declined 12.06% to Rs 78.50 crore in the year ended March 2017 as against Rs 89.27 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales18.9123.06 -18 78.5089.27 -12 OPM %16.1813.62 -11.909.90 - PBDT3.462.87 21 8.957.49 19 PBT1.181.23 -4 0.961.10 -13 NP0.400.90 -56 0.280.74 -62

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