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Puravankara Projects consolidated net profit declines 48.56% in the March 2016 quarter

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Capital Market

Sales decline 22.20% to Rs 315.26 crore

Net profit of Puravankara Projects declined 48.56% to Rs 10.52 crore in the quarter ended March 2016 as against Rs 20.45 crore during the previous quarter ended March 2015. Sales declined 22.20% to Rs 315.26 crore in the quarter ended March 2016 as against Rs 405.22 crore during the previous quarter ended March 2015.

For the full year,net profit declined 49.66% to Rs 66.81 crore in the year ended March 2016 as against Rs 132.73 crore during the previous year ended March 2015. Sales declined 7.29% to Rs 1537.74 crore in the year ended March 2016 as against Rs 1658.57 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales315.26405.22 -22 1537.741658.57 -7 OPM %24.0321.69 -22.7823.26 - PBDT23.7634.14 -30 123.79175.64 -30 PBT19.5530.54 -36 107.80160.71 -33 NP10.5220.45 -49 66.81132.73 -50

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First Published: May 28 2016 | 11:10 AM IST

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