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Patel Engineering reports standalone net loss of Rs 26.05 crore in the September 2017 quarter

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Capital Market

Sales decline 48.22% to Rs 377.89 crore

Net loss of Patel Engineering reported to Rs 26.05 crore in the quarter ended September 2017 as against net profit of Rs 39.86 crore during the previous quarter ended September 2016. Sales declined 48.22% to Rs 377.89 crore in the quarter ended September 2017 as against Rs 729.83 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales377.89729.83 -48 OPM %13.6617.54 -PBDT-12.8259.80 PL PBT-24.9349.03 PL NP-26.0539.86 PL

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First Published: Dec 30 2017 | 4:39 PM IST

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