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Poddar Housing & Development standalone net profit declines 62.36% in the June 2016 quarter

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Capital Market

Sales rise 239.00% to Rs 10.17 crore

Net profit of Poddar Housing & Development declined 62.36% to Rs 1.34 crore in the quarter ended June 2016 as against Rs 3.56 crore during the previous quarter ended June 2015. Sales rose 239.00% to Rs 10.17 crore in the quarter ended June 2016 as against Rs 3.00 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales10.173.00 239 OPM %-4.4247.33 -PBDT1.544.59 -66 PBT1.384.40 -69 NP1.343.56 -62

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First Published: Aug 10 2016 | 10:26 AM IST

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