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MIC Electronics consolidated net profit declines 71.57% in the September 2016 quarter

Capital Market

Sales rise 1.95% to Rs 53.97 crore

Net profit of MIC Electronics declined 71.57% to Rs 2.22 crore in the quarter ended September 2016 as against Rs 7.81 crore during the previous quarter ended September 2015. Sales rose 1.95% to Rs 53.97 crore in the quarter ended September 2016 as against Rs 52.94 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales53.9752.94 2 OPM %12.0421.63 -PBDT5.5511.43 -51 PBT3.699.63 -62 NP2.227.81 -72

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First Published: Nov 02 2016 | 10:20 AM IST

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