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Veljan Denison standalone net profit declines 14.93% in the March 2016 quarter

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Capital Market

Sales decline 8.89% to Rs 22.66 crore

Net profit of Veljan Denison declined 14.93% to Rs 3.76 crore in the quarter ended March 2016 as against Rs 4.42 crore during the previous quarter ended March 2015. Sales declined 8.89% to Rs 22.66 crore in the quarter ended March 2016 as against Rs 24.87 crore during the previous quarter ended March 2015.

For the full year,net profit declined 3.83% to Rs 12.54 crore in the year ended March 2016 as against Rs 13.04 crore during the previous year ended March 2015. Sales rose 1.08% to Rs 78.48 crore in the year ended March 2016 as against Rs 77.64 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales22.6624.87 -9 78.4877.64 1 OPM %23.7926.70 -27.3828.12 - PBDT5.167.16 -28 20.2722.57 -10 PBT4.536.62 -32 17.8419.76 -10 NP3.764.42 -15 12.5413.04 -4

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First Published: Jun 02 2016 | 3:30 PM IST

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