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Aban Offshore standalone net profit declines 76.54% in the September 2017 quarter

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Capital Market

Sales decline 47.35% to Rs 127.84 crore

Net profit of Aban Offshore declined 76.54% to Rs 15.03 crore in the quarter ended September 2017 as against Rs 64.07 crore during the previous quarter ended September 2016. Sales declined 47.35% to Rs 127.84 crore in the quarter ended September 2017 as against Rs 242.82 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales127.84242.82 -47 OPM %64.0665.69 -PBDT66.22144.62 -54 PBT25.43105.55 -76 NP15.0364.07 -77

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First Published: Nov 08 2017 | 5:33 PM IST

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