IP Rings standalone net profit declines 34.64% in the September 2018 quarter

Sales decline 2.66% to Rs 53.37 crore

Net profit of IP Rings declined 34.64% to Rs 1.83 crore in the quarter ended September 2018 as against Rs 2.80 crore during the previous quarter ended September 2017. Sales declined 2.66% to Rs 53.37 crore in the quarter ended September 2018 as against Rs 54.83 crore during the previous quarter ended September 2017. ParticularsQuarter EndedSep. 2018Sep. 2017% Var.Sales53.3754.83 -3 OPM %12.6913.35 -PBDT5.076.43 -21 PBT2.674.47 -40 NP1.832.80 -35

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