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Nitin Alloys Global standalone net profit declines 46.77% in the September 2016 quarter

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Capital Market

Sales decline 22.29% to Rs 7.18 crore

Net profit of Nitin Alloys Global declined 46.77% to Rs 0.33 crore in the quarter ended September 2016 as against Rs 0.62 crore during the previous quarter ended September 2015. Sales declined 22.29% to Rs 7.18 crore in the quarter ended September 2016 as against Rs 9.24 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales7.189.24 -22 OPM %7.9410.82 -PBDT0.650.98 -34 PBT0.380.71 -46 NP0.330.62 -47

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First Published: Oct 28 2016 | 5:51 PM IST

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