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Rain Industries standalone net profit declines 86.68% in the March 2017 quarter

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Capital Market

Sales rise 563.68% to Rs 26.68 crore

Net profit of Rain Industries declined 86.68% to Rs 0.65 crore in the quarter ended March 2017 as against Rs 4.88 crore during the previous quarter ended March 2016. Sales rose 563.68% to Rs 26.68 crore in the quarter ended March 2017 as against Rs 4.02 crore during the previous quarter ended March 2016. ParticularsQuarter EndedMar. 2017Mar. 2016% Var.Sales26.684.02 564 OPM %-1.91-31.34 -PBDT1.085.39 -80 PBT0.774.99 -85 NP0.654.88 -87

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First Published: May 06 2017 | 3:29 PM IST

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