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Modison Metals standalone net profit declines 13.50% in the June 2016 quarter

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Capital Market

Sales rise 0.55% to Rs 40.21 crore

Net profit of Modison Metals declined 13.50% to Rs 1.41 crore in the quarter ended June 2016 as against Rs 1.63 crore during the previous quarter ended June 2015. Sales rose 0.55% to Rs 40.21 crore in the quarter ended June 2016 as against Rs 39.99 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales40.2139.99 1 OPM %15.0711.83 -PBDT5.524.09 35 PBT3.972.59 53 NP1.411.63 -13

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First Published: Sep 16 2016 | 5:46 PM IST

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