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Poddar Housing & Development standalone net profit declines 93.03% in the September 2016 quarter

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Capital Market

Sales decline 75.06% to Rs 5.65 crore

Net profit of Poddar Housing & Development declined 93.03% to Rs 0.40 crore in the quarter ended September 2016 as against Rs 5.74 crore during the previous quarter ended September 2015. Sales declined 75.06% to Rs 5.65 crore in the quarter ended September 2016 as against Rs 22.65 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales5.6522.65 -75 OPM %-23.3626.49 -PBDT0.508.19 -94 PBT0.358.00 -96 NP0.405.74 -93

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First Published: Nov 16 2016 | 5:54 PM IST

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