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Rainbow Foundations standalone net profit rises 69.23% in the December 2017 quarter

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Capital Market

Sales decline 29.02% to Rs 7.02 crore

Net profit of Rainbow Foundations rose 69.23% to Rs 0.22 crore in the quarter ended December 2017 as against Rs 0.13 crore during the previous quarter ended December 2016. Sales declined 29.02% to Rs 7.02 crore in the quarter ended December 2017 as against Rs 9.89 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales7.029.89 -29 OPM %47.8620.32 -PBDT0.240.15 60 PBT0.220.13 69 NP0.220.13 69

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First Published: Feb 19 2018 | 11:17 AM IST

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