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Mideast Integrated Steels standalone net profit declines 60.62% in the September 2018 quarter

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Capital Market

Sales rise 73.77% to Rs 164.82 crore

Net profit of Mideast Integrated Steels declined 60.62% to Rs 10.34 crore in the quarter ended September 2018 as against Rs 26.26 crore during the previous quarter ended September 2017. Sales rose 73.77% to Rs 164.82 crore in the quarter ended September 2018 as against Rs 94.85 crore during the previous quarter ended September 2017. ParticularsQuarter EndedSep. 2018Sep. 2017% Var.Sales164.8294.85 74 OPM %2.2942.83 -PBDT29.4740.38 -27 PBT15.3426.26 -42 NP10.3426.26 -61

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First Published: Nov 19 2018 | 4:25 PM IST

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