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Greaves Cotton standalone net profit declines 6.65% in the September 2016 quarter

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Capital Market

Sales rise 3.66% to Rs 438.42 crore

Net profit of Greaves Cotton declined 6.65% to Rs 51.25 crore in the quarter ended September 2016 as against Rs 54.90 crore during the previous quarter ended September 2015. Sales rose 3.66% to Rs 438.42 crore in the quarter ended September 2016 as against Rs 422.94 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales438.42422.94 4 OPM %15.9117.81 -PBDT82.5887.89 -6 PBT71.0776.39 -7 NP51.2554.90 -7

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First Published: Nov 07 2016 | 8:00 AM IST

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