Power Mech Projects standalone net profit declines 18.62% in the March 2017 quarter

Capital Market June 2, 2017 Last Updated at 17:52 IST

Sales decline 11.48% to Rs 343.90 crore

Net profit of Power Mech Projects declined 18.62% to Rs 16.00 crore in the quarter ended March 2017 as against Rs 19.66 crore during the previous quarter ended March 2016. Sales declined 11.48% to Rs 343.90 crore in the quarter ended March 2017 as against Rs 388.50 crore during the previous quarter ended March 2016.

For the full year,net profit declined 13.81% to Rs 63.68 crore in the year ended March 2017 as against Rs 73.88 crore during the previous year ended March 2016. Sales declined 5.21% to Rs 1291.16 crore in the year ended March 2017 as against Rs 1362.12 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales343.90388.50 -11 1291.161362.12 -5 OPM %11.2112.59 -12.5213.19 - PBDT34.3841.74 -18 137.90152.78 -10 PBT25.0530.42 -18 98.28113.88 -14 NP16.0019.66 -19 63.6873.88 -14

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