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Novagold Petro-Resources standalone net profit declines 50.00% in the September 2016 quarter

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Capital Market

Sales decline 40.00% to Rs 0.18 crore

Net profit of Novagold Petro-Resources declined 50.00% to Rs 0.01 crore in the quarter ended September 2016 as against Rs 0.02 crore during the previous quarter ended September 2015. Sales declined 40.00% to Rs 0.18 crore in the quarter ended September 2016 as against Rs 0.30 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales0.180.30 -40 OPM %5.566.67 -PBDT0.010.02 -50 PBT0.010.02 -50 NP0.010.02 -50

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First Published: Nov 22 2016 | 5:50 PM IST

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