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Indo Borax & Chemicals standalone net profit declines 36.78% in the September 2016 quarter

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Capital Market

Sales decline 22.48% to Rs 15.10 crore

Net profit of Indo Borax & Chemicals declined 36.78% to Rs 1.53 crore in the quarter ended September 2016 as against Rs 2.42 crore during the previous quarter ended September 2015. Sales declined 22.48% to Rs 15.10 crore in the quarter ended September 2016 as against Rs 19.48 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales15.1019.48 -22 OPM %12.4516.48 -PBDT2.573.87 -34 PBT2.203.59 -39 NP1.532.42 -37

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First Published: Nov 16 2016 | 3:28 PM IST

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