Ashapura Minechem consolidated net profit declines 76.06% in the September 2016 quarter

Sales decline 31.57% to Rs 267.34 crore

Net profit of Ashapura Minechem declined 76.06% to Rs 10.83 crore in the quarter ended September 2016 as against Rs 45.24 crore during the previous quarter ended September 2015. Sales declined 31.57% to Rs 267.34 crore in the quarter ended September 2016 as against Rs 390.65 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales267.34390.65 -32 OPM %15.1417.44 -PBDT37.0966.84 -45 PBT22.0356.50 -61 NP10.8345.24 -76

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