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Orbit Exports standalone net profit declines 53.55% in the March 2016 quarter

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Capital Market

Sales decline 21.18% to Rs 32.16 crore

Net profit of Orbit Exports declined 53.55% to Rs 2.94 crore in the quarter ended March 2016 as against Rs 6.33 crore during the previous quarter ended March 2015. Sales declined 21.18% to Rs 32.16 crore in the quarter ended March 2016 as against Rs 40.80 crore during the previous quarter ended March 2015.

For the full year,net profit declined 8.13% to Rs 24.53 crore in the year ended March 2016 as against Rs 26.70 crore during the previous year ended March 2015. Sales declined 6.26% to Rs 141.66 crore in the year ended March 2016 as against Rs 151.12 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales32.1640.80 -21 141.66151.12 -6 OPM %21.8929.31 -30.4229.06 - PBDT6.7711.81 -43 42.8743.63 -2 PBT5.1510.18 -49 36.9438.85 -5 NP2.946.33 -54 24.5326.70 -8

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First Published: Jun 03 2016 | 12:49 PM IST

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