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Balasore Alloys standalone net profit rises 42.54% in the September 2016 quarter

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Capital Market

Sales rise 3.58% to Rs 234.28 crore

Net profit of Balasore Alloys rose 42.54% to Rs 12.23 crore in the quarter ended September 2016 as against Rs 8.58 crore during the previous quarter ended September 2015. Sales rose 3.58% to Rs 234.28 crore in the quarter ended September 2016 as against Rs 226.18 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales234.28226.18 4 OPM %14.2211.87 -PBDT25.2718.11 40 PBT19.6012.19 61 NP12.238.58 43

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First Published: Nov 15 2016 | 9:53 AM IST

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