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Patel Engineering standalone net profit rises 289.75% in the September 2016 quarter

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Capital Market

Sales decline 10.92% to Rs 601.44 crore

Net profit of Patel Engineering rose 289.75% to Rs 37.65 crore in the quarter ended September 2016 as against Rs 9.66 crore during the previous quarter ended September 2015. Sales declined 10.92% to Rs 601.44 crore in the quarter ended September 2016 as against Rs 675.17 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales601.44675.17 -11 OPM %20.2814.74 -PBDT57.4727.15 112 PBT46.8214.99 212 NP37.659.66 290

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First Published: Dec 15 2016 | 12:32 PM IST

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