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Salzer Electronics standalone net profit rises 16.67% in the March 2016 quarter

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Capital Market

Sales rise 29.55% to Rs 98.25 crore

Net profit of Salzer Electronics rose 16.67% to Rs 3.92 crore in the quarter ended March 2016 as against Rs 3.36 crore during the previous quarter ended March 2015. Sales rose 29.55% to Rs 98.25 crore in the quarter ended March 2016 as against Rs 75.84 crore during the previous quarter ended March 2015.

For the full year,net profit rose 42.24% to Rs 17.04 crore in the year ended March 2016 as against Rs 11.98 crore during the previous year ended March 2015. Sales rose 28.66% to Rs 355.39 crore in the year ended March 2016 as against Rs 276.23 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales98.2575.84 30 355.39276.23 29 OPM %9.8312.58 -12.0712.83 - PBDT8.436.70 26 32.5624.11 35 PBT6.275.25 19 24.2416.97 43 NP3.923.36 17 17.0411.98 42

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First Published: May 27 2016 | 8:38 AM IST

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