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Nitin Castings standalone net profit declines 22.22% in the June 2018 quarter

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Capital Market

Sales rise 14.67% to Rs 15.63 crore

Net profit of Nitin Castings declined 22.22% to Rs 0.42 crore in the quarter ended June 2018 as against Rs 0.54 crore during the previous quarter ended June 2017. Sales rose 14.67% to Rs 15.63 crore in the quarter ended June 2018 as against Rs 13.63 crore during the previous quarter ended June 2017. ParticularsQuarter EndedJun. 2018Jun. 2017% Var.Sales15.6313.63 15 OPM %15.1010.86 -PBDT2.401.48 62 PBT1.370.55 149 NP0.420.54 -22

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First Published: Aug 13 2018 | 4:16 PM IST

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