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Axtel Industries reports standalone net profit of Rs 2.07 crore in the June 2016 quarter

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Capital Market

Sales rise 117.54% to Rs 14.51 crore

Net profit of Axtel Industries reported to Rs 2.07 crore in the quarter ended June 2016 as against net loss of Rs 3.77 crore during the previous quarter ended June 2015. Sales rose 117.54% to Rs 14.51 crore in the quarter ended June 2016 as against Rs 6.67 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales14.516.67 118 OPM %17.44-39.58 -PBDT2.73-2.99 LP PBT2.07-3.77 LP NP2.07-3.77 LP

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First Published: Aug 02 2016 | 3:16 PM IST

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