Pradeep Metals standalone net profit declines 57.24% in the June 2016 quarter

Sales decline 6.73% to Rs 22.59 crore

Net profit of Pradeep Metals declined 57.24% to Rs 0.65 crore in the quarter ended June 2016 as against Rs 1.52 crore during the previous quarter ended June 2015. Sales declined 6.73% to Rs 22.59 crore in the quarter ended June 2016 as against Rs 24.22 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales22.5924.22 -7 OPM %12.7517.30 -PBDT1.462.76 -47 PBT1.012.05 -51 NP0.651.52 -57

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