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Jindal Saw standalone net profit declines 32.33% in the June 2016 quarter

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Capital Market

Sales decline 33.60% to Rs 1279.18 crore

Net profit of Jindal Saw declined 32.33% to Rs 65.78 crore in the quarter ended June 2016 as against Rs 97.20 crore during the previous quarter ended June 2015. Sales declined 33.60% to Rs 1279.18 crore in the quarter ended June 2016 as against Rs 1926.47 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales1279.181926.47 -34 OPM %19.3414.75 -PBDT158.25202.65 -22 PBT100.40148.48 -32 NP65.7897.20 -32

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First Published: Aug 12 2016 | 4:53 PM IST

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