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Precot Meridian reports standalone net profit of Rs 0.76 crore in the September 2016 quarter

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Capital Market

Sales decline 6.75% to Rs 160.18 crore

Net profit of Precot Meridian reported to Rs 0.76 crore in the quarter ended September 2016 as against net loss of Rs 11.65 crore during the previous quarter ended September 2015. Sales declined 6.75% to Rs 160.18 crore in the quarter ended September 2016 as against Rs 171.78 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales160.18171.78 -7 OPM %7.943.74 -PBDT9.28-2.03 LP PBT0.76-11.65 LP NP0.76-11.65 LP

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First Published: Nov 04 2016 | 6:07 PM IST

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