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Mindteck (India) standalone net profit declines 30.05% in the March 2016 quarter

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Capital Market

Sales rise 8.70% to Rs 25.49 crore

Net profit of Mindteck (India) declined 30.05% to Rs 1.28 crore in the quarter ended March 2016 as against Rs 1.83 crore during the previous quarter ended March 2015. Sales rose 8.70% to Rs 25.49 crore in the quarter ended March 2016 as against Rs 23.45 crore during the previous quarter ended March 2015.

For the full year,net profit declined 28.57% to Rs 8.20 crore in the year ended March 2016 as against Rs 11.48 crore during the previous year ended March 2015. Sales rose 8.08% to Rs 86.65 crore in the year ended March 2016 as against Rs 80.17 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales25.4923.45 9 86.6580.17 8 OPM %7.6513.82 -14.9123.28 - PBDT2.523.58 -30 15.0819.46 -23 PBT2.133.17 -33 13.5217.80 -24 NP1.281.83 -30 8.2011.48 -29

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First Published: May 21 2016 | 9:27 AM IST

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