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Florence Investech standalone net profit declines 91.82% in the December 2017 quarter

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Capital Market

Sales decline 88.62% to Rs 0.28 crore

Net profit of Florence Investech declined 91.82% to Rs 0.13 crore in the quarter ended December 2017 as against Rs 1.59 crore during the previous quarter ended December 2016. Sales declined 88.62% to Rs 0.28 crore in the quarter ended December 2017 as against Rs 2.46 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales0.282.46 -89 OPM %67.8697.15 -PBDT0.192.39 -92 PBT0.192.39 -92 NP0.131.59 -92

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First Published: Feb 10 2018 | 12:07 PM IST

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