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Modern India standalone net profit declines 86.36% in the September 2015 quarter

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Capital Market

Sales rise 43.76% to Rs 23.26 crore

Net profit of Modern India declined 86.36% to Rs 0.03 crore in the quarter ended September 2015 as against Rs 0.22 crore during the previous quarter ended September 2014. Sales rose 43.76% to Rs 23.26 crore in the quarter ended September 2015 as against Rs 16.18 crore during the previous quarter ended September 2014. ParticularsQuarter EndedSep. 2015Sep. 2014% Var.Sales23.2616.18 44 OPM %-8.43-16.63 -PBDT1.200.63 90 PBT0.240.23 4 NP0.030.22 -86

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First Published: Oct 31 2015 | 8:40 AM IST

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