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Balasore Alloys standalone net profit declines 55.29% in the June 2018 quarter

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Capital Market

Sales rise 14.74% to Rs 332.71 crore

Net profit of Balasore Alloys declined 55.29% to Rs 10.73 crore in the quarter ended June 2018 as against Rs 24.00 crore during the previous quarter ended June 2017. Sales rose 14.74% to Rs 332.71 crore in the quarter ended June 2018 as against Rs 289.98 crore during the previous quarter ended June 2017. ParticularsQuarter EndedJun. 2018Jun. 2017% Var.Sales332.71289.98 15 OPM %10.9317.11 -PBDT28.0646.27 -39 PBT20.0438.91 -48 NP10.7324.00 -55

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First Published: Aug 13 2018 | 4:15 PM IST

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