M M Forgings standalone net profit declines 22.32% in the September 2016 quarter

Sales decline 7.41% to Rs 112.88 crore

Net profit of M M Forgings declined 22.32% to Rs 10.16 crore in the quarter ended September 2016 as against Rs 13.08 crore during the previous quarter ended September 2015. Sales declined 7.41% to Rs 112.88 crore in the quarter ended September 2016 as against Rs 121.92 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales112.88121.92 -7 OPM %18.8922.96 -PBDT23.3226.84 -13 PBT13.5717.84 -24 NP10.1613.08 -22

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