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Saffron Industries standalone net profit declines 85.00% in the September 2016 quarter

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Capital Market

Sales rise 32.32% to Rs 9.58 crore

Net profit of Saffron Industries declined 85.00% to Rs 0.03 crore in the quarter ended September 2016 as against Rs 0.20 crore during the previous quarter ended September 2015. Sales rose 32.32% to Rs 9.58 crore in the quarter ended September 2016 as against Rs 7.24 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales9.587.24 32 OPM %3.447.73 -PBDT0.330.55 -40 PBT0.030.20 -85 NP0.030.20 -85

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First Published: Nov 17 2016 | 10:44 AM IST

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