Magna Industries & Exports standalone net profit declines 55.56% in the September 2016 quarter

Sales decline 48.51% to Rs 2.77 crore

Net profit of Magna Industries & Exports declined 55.56% to Rs 0.04 crore in the quarter ended September 2016 as against Rs 0.09 crore during the previous quarter ended September 2015. Sales declined 48.51% to Rs 2.77 crore in the quarter ended September 2016 as against Rs 5.38 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales2.775.38 -49 OPM %2.172.60 -PBDT0.060.14 -57 PBT0.060.13 -54 NP0.040.09 -56

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