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Modern Shares & Stockbrokers standalone net profit declines 75.00% in the June 2016 quarter

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Capital Market

Sales decline 22.41% to Rs 0.45 crore

Net profit of Modern Shares & Stockbrokers declined 75.00% to Rs 0.02 crore in the quarter ended June 2016 as against Rs 0.08 crore during the previous quarter ended June 2015. Sales declined 22.41% to Rs 0.45 crore in the quarter ended June 2016 as against Rs 0.58 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales0.450.58 -22 OPM %8.8922.41 -PBDT0.040.13 -69 PBT0.030.12 -75 NP0.020.08 -75

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First Published: Jul 13 2016 | 11:52 AM IST

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