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IP Rings standalone net profit declines 17.17% in the June 2017 quarter

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Capital Market

Sales rise 27.36% to Rs 48.46 crore

Net profit of IP Rings declined 17.17% to Rs 0.82 crore in the quarter ended June 2017 as against Rs 0.99 crore during the previous quarter ended June 2016. Sales rose 27.36% to Rs 48.46 crore in the quarter ended June 2017 as against Rs 38.05 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales48.4638.05 27 OPM %9.2014.82 -PBDT3.053.49 -13 PBT1.091.51 -28 NP0.820.99 -17

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First Published: Jul 27 2017 | 3:52 PM IST

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