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Hercules Hoists standalone net profit declines 40.96% in the June 2017 quarter

Capital Market 

Sales decline 24.88% to Rs 15.28 crore

Net profit of Hercules Hoists declined 40.96% to Rs 1.11 crore in the quarter ended June 2017 as against Rs 1.88 crore during the previous quarter ended June 2016. Sales declined 24.88% to Rs 15.28 crore in the quarter ended June 2017 as against Rs 20.34 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales15.2820.34 -25 OPM %1.242.70 -PBDT1.362.17 -37 PBT0.661.58 -58 NP1.111.88 -41

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First Published: Wed, August 09 2017. 17:12 IST
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