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Poddar Housing & Development consolidated net profit declines 87.80% in the September 2016 quarter

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Capital Market

Sales decline 62.39% to Rs 10.02 crore

Net profit of Poddar Housing & Development declined 87.80% to Rs 0.71 crore in the quarter ended September 2016 as against Rs 5.82 crore during the previous quarter ended September 2015. Sales declined 62.39% to Rs 10.02 crore in the quarter ended September 2016 as against Rs 26.64 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales10.0226.64 -62 OPM %-7.3923.27 -PBDT0.978.33 -88 PBT0.828.13 -90 NP0.715.82 -88

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First Published: Nov 16 2016 | 5:54 PM IST

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