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Garnet Construction standalone net profit declines 60.00% in the September 2016 quarter

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Capital Market

Sales decline 48.71% to Rs 2.99 crore

Net profit of Garnet Construction declined 60.00% to Rs 0.02 crore in the quarter ended September 2016 as against Rs 0.05 crore during the previous quarter ended September 2015. Sales declined 48.71% to Rs 2.99 crore in the quarter ended September 2016 as against Rs 5.83 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales2.995.83 -49 OPM %19.7315.95 -PBDT0.200.32 -38 PBT0.040.10 -60 NP0.020.05 -60

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First Published: Nov 15 2016 | 5:44 PM IST

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