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Maharashtra Scooters standalone net profit declines 81.93% in the September 2016 quarter

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Capital Market

Sales decline 45.86% to Rs 1.44 crore

Net profit of Maharashtra Scooters declined 81.93% to Rs 8.90 crore in the quarter ended September 2016 as against Rs 49.25 crore during the previous quarter ended September 2015. Sales declined 45.86% to Rs 1.44 crore in the quarter ended September 2016 as against Rs 2.66 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales1.442.66 -46 OPM %-113.19-105.26 -PBDT9.0349.44 -82 PBT8.9049.25 -82 NP8.9049.25 -82

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First Published: Oct 26 2016 | 4:29 PM IST

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