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Fedders Electric & Engineering standalone net profit declines 81.52% in the September 2017 quarter

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Capital Market

Sales decline 6.59% to Rs 308.98 crore

Net profit of Fedders Electric & Engineering declined 81.52% to Rs 1.78 crore in the quarter ended September 2017 as against Rs 9.63 crore during the previous quarter ended September 2016. Sales declined 6.59% to Rs 308.98 crore in the quarter ended September 2017 as against Rs 330.78 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales308.98330.78 -7 OPM %7.259.81 -PBDT5.7116.21 -65 PBT2.7312.84 -79 NP1.789.63 -82

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First Published: Nov 15 2017 | 3:53 PM IST

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