Kanishk Steel Industries standalone net profit declines 81.25% in the September 2017 quarter

Sales decline 15.06% to Rs 54.47 crore

Net profit of Kanishk Steel Industries declined 81.25% to Rs 0.12 crore in the quarter ended September 2017 as against Rs 0.64 crore during the previous quarter ended September 2016. Sales declined 15.06% to Rs 54.47 crore in the quarter ended September 2017 as against Rs 64.13 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales54.4764.13 -15 OPM %2.370.36 -PBDT0.621.25 -50 PBT0.280.83 -66 NP0.120.64 -81

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