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Modern India standalone net profit rises 1800.00% in the September 2016 quarter

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Capital Market

Sales decline 28.29% to Rs 16.68 crore

Net profit of Modern India rose 1800.00% to Rs 0.57 crore in the quarter ended September 2016 as against Rs 0.03 crore during the previous quarter ended September 2015. Sales declined 28.29% to Rs 16.68 crore in the quarter ended September 2016 as against Rs 23.26 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales16.6823.26 -28 OPM %7.61-8.43 -PBDT1.581.20 32 PBT0.770.24 221 NP0.570.03 1800

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First Published: Oct 28 2016 | 7:57 AM IST

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