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Prakash Industries standalone net profit rises 646.81% in the June 2016 quarter

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Capital Market

Sales decline 10.52% to Rs 575.83 crore

Net profit of Prakash Industries rose 646.81% to Rs 14.04 crore in the quarter ended June 2016 as against Rs 1.88 crore during the previous quarter ended June 2015. Sales declined 10.52% to Rs 575.83 crore in the quarter ended June 2016 as against Rs 643.50 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales575.83643.50 -11 OPM %9.747.01 -PBDT39.4426.65 48 PBT14.041.88 647 NP14.041.88 647

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First Published: Aug 29 2016 | 4:17 PM IST

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