IP Rings reports standalone net profit of Rs 0.99 crore in the June 2016 quarter

Sales rise 40.30% to Rs 38.05 crore

Net profit of IP Rings reported to Rs 0.99 crore in the quarter ended June 2016 as against net loss of Rs 0.56 crore during the previous quarter ended June 2015. Sales rose 40.30% to Rs 38.05 crore in the quarter ended June 2016 as against Rs 27.12 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales38.0527.12 40 OPM %14.8210.80 -PBDT3.491.08 223 PBT1.51-0.57 LP NP0.99-0.56 LP

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