Texmo Pipes & Products standalone net profit declines 28.04% in the June 2016 quarter

Sales rise 0.82% to Rs 80.31 crore

Net profit of Texmo Pipes & Products declined 28.04% to Rs 1.54 crore in the quarter ended June 2016 as against Rs 2.14 crore during the previous quarter ended June 2015. Sales rose 0.82% to Rs 80.31 crore in the quarter ended June 2016 as against Rs 79.66 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales80.3179.66 1 OPM %7.318.30 -PBDT3.704.29 -14 PBT2.302.94 -22 NP1.542.14 -28

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