Savera Industries standalone net profit declines 55.50% in the June 2016 quarter

Sales decline 1.88% to Rs 16.22 crore

Net profit of Savera Industries declined 55.50% to Rs 0.89 crore in the quarter ended June 2016 as against Rs 2.00 crore during the previous quarter ended June 2015. Sales declined 1.88% to Rs 16.22 crore in the quarter ended June 2016 as against Rs 16.53 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales16.2216.53 -2 OPM %18.2524.62 -PBDT2.453.35 -27 PBT1.342.28 -41 NP0.892.00 -56

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