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Magna Eletrocasting standalone net profit declines 49.27% in the December 2017 quarter

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Capital Market

Sales rise 4.83% to Rs 21.47 crore

Net profit of Magna Eletrocasting declined 49.27% to Rs 1.04 crore in the quarter ended December 2017 as against Rs 2.05 crore during the previous quarter ended December 2016. Sales rose 4.83% to Rs 21.47 crore in the quarter ended December 2017 as against Rs 20.48 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales21.4720.48 5 OPM %13.6518.55 -PBDT2.823.78 -25 PBT1.362.41 -44 NP1.042.05 -49

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First Published: Feb 10 2018 | 5:07 PM IST

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