Pitti Laminations standalone net profit declines 17.33% in the June 2016 quarter

Sales decline 32.57% to Rs 57.44 crore

Net profit of Pitti Laminations declined 17.33% to Rs 1.24 crore in the quarter ended June 2016 as against Rs 1.50 crore during the previous quarter ended June 2015. Sales declined 32.57% to Rs 57.44 crore in the quarter ended June 2016 as against Rs 85.18 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales57.4485.18 -33 OPM %14.6911.55 -PBDT4.366.18 -29 PBT0.812.32 -65 NP1.241.50 -17

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