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Axtel Industries standalone net profit declines 50.72% in the June 2017 quarter

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Capital Market

Sales decline 11.16% to Rs 12.89 crore

Net profit of Axtel Industries declined 50.72% to Rs 1.02 crore in the quarter ended June 2017 as against Rs 2.07 crore during the previous quarter ended June 2016. Sales declined 11.16% to Rs 12.89 crore in the quarter ended June 2017 as against Rs 14.51 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales12.8914.51 -11 OPM %13.0317.44 -PBDT1.572.73 -42 PBT1.022.07 -51 NP1.022.07 -51

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First Published: Jul 31 2017 | 5:34 PM IST

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