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Aban Offshore standalone net profit declines 67.75% in the June 2017 quarter

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Capital Market

Sales decline 34.34% to Rs 162.53 crore

Net profit of Aban Offshore declined 67.75% to Rs 28.68 crore in the quarter ended June 2017 as against Rs 88.94 crore during the previous quarter ended June 2016. Sales declined 34.34% to Rs 162.53 crore in the quarter ended June 2017 as against Rs 247.54 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales162.53247.54 -34 OPM %55.4670.92 -PBDT75.19158.89 -53 PBT36.11120.47 -70 NP28.6888.94 -68

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First Published: Aug 04 2017 | 4:51 PM IST

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