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Manaksia consolidated net profit declines 23.54% in the June 2016 quarter

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Capital Market

Sales decline 25.04% to Rs 222.37 crore

Net profit of Manaksia declined 23.54% to Rs 20.62 crore in the quarter ended June 2016 as against Rs 26.97 crore during the previous quarter ended June 2015. Sales declined 25.04% to Rs 222.37 crore in the quarter ended June 2016 as against Rs 296.65 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales222.37296.65 -25 OPM %16.4417.94 -PBDT34.7745.98 -24 PBT24.1531.56 -23 NP20.6226.97 -24

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First Published: Aug 13 2016 | 3:49 PM IST

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