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Steel Strips Wheels standalone net profit rises 19.89% in the September 2016 quarter

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Capital Market

Sales decline 2.78% to Rs 290.95 crore

Net profit of Steel Strips Wheels rose 19.89% to Rs 18.02 crore in the quarter ended September 2016 as against Rs 15.03 crore during the previous quarter ended September 2015. Sales declined 2.78% to Rs 290.95 crore in the quarter ended September 2016 as against Rs 299.27 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales290.95299.27 -3 OPM %12.8811.41 -PBDT35.0828.52 23 PBT22.2118.45 20 NP18.0215.03 20

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First Published: Oct 15 2016 | 2:56 PM IST

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