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Orient Abrasives standalone net profit declines 66.71% in the September 2016 quarter

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Capital Market

Sales decline 27.18% to Rs 47.56 crore

Net profit of Orient Abrasives declined 66.71% to Rs 2.87 crore in the quarter ended September 2016 as against Rs 8.62 crore during the previous quarter ended September 2015. Sales declined 27.18% to Rs 47.56 crore in the quarter ended September 2016 as against Rs 65.31 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales47.5665.31 -27 OPM %13.9023.41 -PBDT5.8915.34 -62 PBT3.9212.57 -69 NP2.878.62 -67

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First Published: Nov 10 2016 | 5:31 PM IST

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