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Rathi Bars standalone net profit declines 49.63% in the March 2016 quarter

Capital Market

Sales rise 60.19% to Rs 78.11 crore

Net profit of Rathi Bars declined 49.63% to Rs 0.68 crore in the quarter ended March 2016 as against Rs 1.35 crore during the previous quarter ended March 2015. Sales rose 60.19% to Rs 78.11 crore in the quarter ended March 2016 as against Rs 48.76 crore during the previous quarter ended March 2015.

For the full year,net profit rose 547.83% to Rs 1.49 crore in the year ended March 2016 as against Rs 0.23 crore during the previous year ended March 2015. Sales declined 11.50% to Rs 209.30 crore in the year ended March 2016 as against Rs 236.51 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales78.1148.76 60 209.30236.51 -12 OPM %3.126.07 -3.474.15 - PBDT2.032.85 -29 6.206.96 -11 PBT0.681.35 -50 1.450.98 48 NP0.681.35 -50 1.490.23 548

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First Published: May 31 2016 | 6:21 PM IST

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