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Kanani Industries standalone net profit declines 50.00% in the September 2018 quarter

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Capital Market

Sales rise 31.21% to Rs 20.98 crore

Net profit of Kanani Industries declined 50.00% to Rs 0.17 crore in the quarter ended September 2018 as against Rs 0.34 crore during the previous quarter ended September 2017. Sales rose 31.21% to Rs 20.98 crore in the quarter ended September 2018 as against Rs 15.99 crore during the previous quarter ended September 2017. ParticularsQuarter EndedSep. 2018Sep. 2017% Var.Sales20.9815.99 31 OPM %-0.24-0.63 -PBDT0.270.45 -40 PBT0.210.43 -51 NP0.170.34 -50

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First Published: Oct 30 2018 | 4:59 PM IST

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