Modern Shares & Stockbrokers standalone net profit declines 16.67% in the September 2017 quarter

Sales rise 9.52% to Rs 0.69 crore

Net profit of Modern Shares & Stockbrokers declined 16.67% to Rs 0.10 crore in the quarter ended September 2017 as against Rs 0.12 crore during the previous quarter ended September 2016. Sales rose 9.52% to Rs 0.69 crore in the quarter ended September 2017 as against Rs 0.63 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales0.690.63 10 OPM %-4.35-6.35 -PBDT0.150.19 -21 PBT0.140.18 -22 NP0.100.12 -17

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