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Precision Wires India consolidated net profit rises 156.84% in the March 2016 quarter

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Capital Market

Sales rise 1.16% to Rs 209.58 crore

Net profit of Precision Wires India rose 156.84% to Rs 4.88 crore in the quarter ended March 2016 as against Rs 1.90 crore during the previous quarter ended March 2015. Sales rose 1.16% to Rs 209.58 crore in the quarter ended March 2016 as against Rs 207.18 crore during the previous quarter ended March 2015.

For the full year,net profit rose 67.72% to Rs 16.94 crore in the year ended March 2016 as against Rs 10.10 crore during the previous year ended March 2015. Sales declined 4.23% to Rs 843.49 crore in the year ended March 2016 as against Rs 880.77 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales209.58207.18 1 843.49880.77 -4 OPM %6.714.81 -6.305.63 - PBDT11.428.26 38 42.3736.37 16 PBT7.463.20 133 26.6016.78 59 NP4.881.90 157 16.9410.10 68

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First Published: May 27 2016 | 9:26 AM IST

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