Kanishk Steel Industries standalone net profit declines 23.08% in the June 2016 quarter

Sales decline 38.15% to Rs 48.67 crore

Net profit of Kanishk Steel Industries declined 23.08% to Rs 0.20 crore in the quarter ended June 2016 as against Rs 0.26 crore during the previous quarter ended June 2015. Sales declined 38.15% to Rs 48.67 crore in the quarter ended June 2016 as against Rs 78.69 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales48.6778.69 -38 OPM %2.341.86 -PBDT0.920.80 15 PBT0.440.39 13 NP0.200.26 -23

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