Kanishk Steel Industries standalone net profit declines 95.64% in the September 2016 quarter

Sales rise 5.86% to Rs 64.13 crore

Net profit of Kanishk Steel Industries declined 95.64% to Rs 0.20 crore in the quarter ended September 2016 as against Rs 4.59 crore during the previous quarter ended September 2015. Sales rose 5.86% to Rs 64.13 crore in the quarter ended September 2016 as against Rs 60.58 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales64.1360.58 6 OPM %1.531.50 -PBDT0.885.98 -85 PBT0.395.57 -93 NP0.204.59 -96

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