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M M Forgings standalone net profit declines 19.12% in the June 2016 quarter

Capital Market

Sales decline 5.32% to Rs 115.12 crore

Net profit of M M Forgings declined 19.12% to Rs 10.45 crore in the quarter ended June 2016 as against Rs 12.92 crore during the previous quarter ended June 2015. Sales declined 5.32% to Rs 115.12 crore in the quarter ended June 2016 as against Rs 121.59 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales115.12121.59 -5 OPM %20.2822.03 -PBDT23.8125.67 -7 PBT14.0616.67 -16 NP10.4512.92 -19

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First Published: Aug 11 2016 | 5:34 PM IST

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