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ISGEC Heavy Engineering standalone net profit declines 59.77% in the June 2017 quarter

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Capital Market

Sales decline 26.07% to Rs 494.44 crore

Net profit of ISGEC Heavy Engineering declined 59.77% to Rs 16.92 crore in the quarter ended June 2017 as against Rs 42.06 crore during the previous quarter ended June 2016. Sales declined 26.07% to Rs 494.44 crore in the quarter ended June 2017 as against Rs 668.80 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales494.44668.80 -26 OPM %5.088.93 -PBDT41.0975.06 -45 PBT25.2059.67 -58 NP16.9242.06 -60

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First Published: Aug 14 2017 | 5:28 PM IST

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