Nelcast standalone net profit declines 24.47% in the September 2016 quarter

Sales decline 10.28% to Rs 140.15 crore

Net profit of Nelcast declined 24.47% to Rs 7.87 crore in the quarter ended September 2016 as against Rs 10.42 crore during the previous quarter ended September 2015. Sales declined 10.28% to Rs 140.15 crore in the quarter ended September 2016 as against Rs 156.21 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales140.15156.21 -10 OPM %11.5412.84 -PBDT15.1618.54 -18 PBT11.7915.27 -23 NP7.8710.42 -24

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