Magna Eletrocasting standalone net profit rises 47.52% in the June 2016 quarter

Sales decline 12.29% to Rs 20.69 crore

Net profit of Magna Eletrocasting rose 47.52% to Rs 2.08 crore in the quarter ended June 2016 as against Rs 1.41 crore during the previous quarter ended June 2015. Sales declined 12.29% to Rs 20.69 crore in the quarter ended June 2016 as against Rs 23.59 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales20.6923.59 -12 OPM %20.1114.79 -PBDT4.033.07 31 PBT2.681.81 48 NP2.081.41 48

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