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Tips Industries standalone net profit declines 85.19% in the June 2017 quarter

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Capital Market

Sales decline 39.71% to Rs 10.08 crore

Net profit of Tips Industries declined 85.19% to Rs 0.12 crore in the quarter ended June 2017 as against Rs 0.81 crore during the previous quarter ended June 2016. Sales declined 39.71% to Rs 10.08 crore in the quarter ended June 2017 as against Rs 16.72 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales10.0816.72 -40 OPM %51.2959.69 -PBDT3.547.99 -56 PBT0.131.02 -87 NP0.120.81 -85

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First Published: Sep 14 2017 | 10:07 AM IST

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