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Indag Rubber standalone net profit declines 24.88% in the September 2016 quarter

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Capital Market

Sales decline 42.93% to Rs 40.52 crore

Net profit of Indag Rubber declined 24.88% to Rs 6.49 crore in the quarter ended September 2016 as against Rs 8.64 crore during the previous quarter ended September 2015. Sales declined 42.93% to Rs 40.52 crore in the quarter ended September 2016 as against Rs 71.00 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales40.5271.00 -43 OPM %14.2917.34 -PBDT9.2213.54 -32 PBT8.5012.86 -34 NP6.498.64 -25

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First Published: Oct 24 2016 | 10:21 PM IST

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