Stovec Industries standalone net profit declines 33.00% in the September 2017 quarter

Sales decline 7.35% to Rs 42.63 crore

Net profit of Stovec Industries declined 33.00% to Rs 4.67 crore in the quarter ended September 2017 as against Rs 6.97 crore during the previous quarter ended September 2016. Sales declined 7.35% to Rs 42.63 crore in the quarter ended September 2017 as against Rs 46.01 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales42.6346.01 -7 OPM %17.7123.67 -PBDT8.7611.90 -26 PBT7.1510.59 -32 NP4.676.97 -33

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