Tips Industries standalone net profit declines 66.67% in the September 2016 quarter

Sales decline 11.91% to Rs 10.58 crore

Net profit of Tips Industries declined 66.67% to Rs 0.53 crore in the quarter ended September 2016 as against Rs 1.59 crore during the previous quarter ended September 2015. Sales declined 11.91% to Rs 10.58 crore in the quarter ended September 2016 as against Rs 12.01 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales10.5812.01 -12 OPM %31.2940.47 -PBDT1.182.26 -48 PBT0.801.84 -57 NP0.531.59 -67

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