IP Rings standalone net profit declines 80.00% in the December 2015 quarter

Sales rise 8.54% to Rs 28.85 crore

Net profit of IP Rings declined 80.00% to Rs 0.05 crore in the quarter ended December 2015 as against Rs 0.25 crore during the previous quarter ended December 2014. Sales rose 8.54% to Rs 28.85 crore in the quarter ended December 2015 as against Rs 26.58 crore during the previous quarter ended December 2014. ParticularsQuarter EndedDec. 2015Dec. 2014% Var.Sales28.8526.58 9 OPM %13.0013.88 -PBDT1.831.67 10 PBT0.070.04 75 NP0.050.25 -80

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