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Titan Biotech standalone net profit rises 19.05% in the March 2016 quarter

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Capital Market

Sales rise 3.93% to Rs 12.43 crore

Net profit of Titan Biotech rose 19.05% to Rs 0.50 crore in the quarter ended March 2016 as against Rs 0.42 crore during the previous quarter ended March 2015. Sales rose 3.93% to Rs 12.43 crore in the quarter ended March 2016 as against Rs 11.96 crore during the previous quarter ended March 2015.

For the full year,net profit rose 5.52% to Rs 1.72 crore in the year ended March 2016 as against Rs 1.63 crore during the previous year ended March 2015. Sales rose 13.12% to Rs 45.61 crore in the year ended March 2016 as against Rs 40.32 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales12.4311.96 4 45.6140.32 13 OPM %7.649.62 -8.559.62 - PBDT0.830.91 -9 3.343.29 2 PBT0.640.61 5 2.582.45 5 NP0.500.42 19 1.721.63 6

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First Published: Jun 01 2016 | 8:58 AM IST

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