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Modern Threads (I) standalone net profit rises 27.68% in the June 2016 quarter

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Capital Market

Sales decline 0.92% to Rs 38.58 crore

Net profit of Modern Threads (I) rose 27.68% to Rs 2.26 crore in the quarter ended June 2016 as against Rs 1.77 crore during the previous quarter ended June 2015. Sales declined 0.92% to Rs 38.58 crore in the quarter ended June 2016 as against Rs 38.94 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales38.5838.94 -1 OPM %7.416.29 -PBDT2.642.21 19 PBT2.261.77 28 NP2.261.77 28

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First Published: Sep 27 2016 | 2:19 PM IST

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