Pioneer Investcorp standalone net profit declines 77.78% in the June 2018 quarter

Sales decline 36.74% to Rs 4.89 crore

Net profit of Pioneer Investcorp declined 77.78% to Rs 0.04 crore in the quarter ended June 2018 as against Rs 0.18 crore during the previous quarter ended June 2017. Sales declined 36.74% to Rs 4.89 crore in the quarter ended June 2018 as against Rs 7.73 crore during the previous quarter ended June 2017. ParticularsQuarter EndedJun. 2018Jun. 2017% Var.Sales4.897.73 -37 OPM %15.1333.51 -PBDT0.150.37 -59 PBT0.060.30 -80 NP0.040.18 -78

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