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Modison Metals standalone net profit declines 42.25% in the December 2017 quarter

Capital Market

Sales decline 7.62% to Rs 45.85 crore

Net profit of Modison Metals declined 42.25% to Rs 2.46 crore in the quarter ended December 2017 as against Rs 4.26 crore during the previous quarter ended December 2016. Sales declined 7.62% to Rs 45.85 crore in the quarter ended December 2017 as against Rs 49.63 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales45.8549.63 -8 OPM %10.9513.98 -PBDT4.926.39 -23 PBT3.374.77 -29 NP2.464.26 -42

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First Published: Feb 02 2018 | 4:21 PM IST

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