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Ashapura Minechem consolidated net profit declines 71.88% in the June 2017 quarter

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Capital Market

Sales rise 25.56% to Rs 257.24 crore

Net profit of Ashapura Minechem declined 71.88% to Rs 3.87 crore in the quarter ended June 2017 as against Rs 13.76 crore during the previous quarter ended June 2016. Sales rose 25.56% to Rs 257.24 crore in the quarter ended June 2017 as against Rs 204.87 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales257.24204.87 26 OPM %5.479.00 -PBDT15.1119.58 -23 PBT5.6711.48 -51 NP3.8713.76 -72

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First Published: Sep 11 2017 | 5:43 PM IST

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