A P M Industries announced a marginal decline in standalone net profit for the quarter ended June 2016. During the quarter, the profit of the company declined 7.62% to Rs 40.00 million from Rs 43.30 million in the same quarter previous year.
Revenues for the quarter declined marginally 0.79% to Rs 653.00 million, compared with Rs 658.20 million for the prior year period.
Operating margin for the quarter stood at 100.46 percent as compared to 89.79 percent for the previous year period. Operating Income for the quarter was Rs 656.00 million, compared with Rs 591 million in the previous year period.
Earnings per share for the quarter stood at Rs 1.85, registering 7.50% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 16 | Jun - 15 | %Change |
| Revenues | 653.00 | 658.20 | (0.79) |
| Net Profit | 40.00 | 43.30 | (7.62) |
| Diluted EPS | 1.85 | 2.00 | (7.50) |
Shares of the company declined Rs 2.9, or 4.32%, to settle at Rs 64.25. The total volume of shares traded was 29,720 at the BSE (Friday).
