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Hind Rectifiers standalone net profit rises 8.95% in the March 2016 quarter

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Capital Market

Sales rise 14.30% to Rs 39.81 crore

Net profit of Hind Rectifiers rose 8.95% to Rs 3.53 crore in the quarter ended March 2016 as against Rs 3.24 crore during the previous quarter ended March 2015. Sales rose 14.30% to Rs 39.81 crore in the quarter ended March 2016 as against Rs 34.83 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 1.51 crore in the year ended March 2016 as against net loss of Rs 3.57 crore during the previous year ended March 2015. Sales declined 0.03% to Rs 93.94 crore in the year ended March 2016 as against Rs 93.97 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales39.8134.83 14 93.9493.97 0 OPM %9.325.71 -2.18-2.63 - PBDT3.301.28 158 -0.61-4.45 86 PBT2.850.89 220 -2.19-5.92 63 NP3.533.24 9 -1.51-3.57 58

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First Published: May 27 2016 | 5:17 PM IST

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