Shriram Pistons & Rings standalone net profit declines 9.14% in the June 2017 quarter

Sales rise 8.86% to Rs 395.53 crore

Net profit of Shriram Pistons & Rings declined 9.14% to Rs 29.61 crore in the quarter ended June 2017 as against Rs 32.59 crore during the previous quarter ended June 2016. Sales rose 8.86% to Rs 395.53 crore in the quarter ended June 2017 as against Rs 363.33 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales395.53363.33 9 OPM %15.9118.97 -PBDT65.9067.19 -2 PBT44.3145.21 -2 NP29.6132.59 -9

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