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Magna Eletrocasting standalone net profit declines 26.67% in the June 2017 quarter

Capital Market 

Sales rise 3.76% to Rs 21.50 crore

Net profit of Magna Eletrocasting declined 26.67% to Rs 1.54 crore in the quarter ended June 2017 as against Rs 2.10 crore during the previous quarter ended June 2016. Sales rose 3.76% to Rs 21.50 crore in the quarter ended June 2017 as against Rs 20.72 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales21.5020.72 4 OPM %15.4019.40 -PBDT3.514.11 -15 PBT2.052.74 -25 NP1.542.10 -27

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