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Premier Pipes standalone net profit declines 86.67% in the March 2015 quarter

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Capital Market

Sales decline 51.69% to Rs 7.86 crore

Net profit of Premier Pipes declined 86.67% to Rs 0.02 crore in the quarter ended March 2015 as against Rs 0.15 crore during the previous quarter ended March 2014. Sales declined 51.69% to Rs 7.86 crore in the quarter ended March 2015 as against Rs 16.27 crore during the previous quarter ended March 2014.

For the full year,net profit declined 3.57% to Rs 0.27 crore in the year ended March 2015 as against Rs 0.28 crore during the previous year ended March 2014. Sales rose 15.35% to Rs 34.05 crore in the year ended March 2015 as against Rs 29.52 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales7.8616.27 -52 34.0529.52 15 OPM %-0.38-1.41 -3.611.66 - PBDT00.39 -100 0.700.80 -13 PBT0.030.15 -80 0.390.34 15 NP0.020.15 -87 0.270.28 -4

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First Published: Jun 02 2015 | 3:28 PM IST

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