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Sanghvi Movers standalone net profit declines 54.05% in the September 2016 quarter

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Capital Market

Sales decline 10.80% to Rs 109.54 crore

Net profit of Sanghvi Movers declined 54.05% to Rs 12.53 crore in the quarter ended September 2016 as against Rs 27.27 crore during the previous quarter ended September 2015. Sales declined 10.80% to Rs 109.54 crore in the quarter ended September 2016 as against Rs 122.80 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales109.54122.80 -11 OPM %59.3168.71 -PBDT52.0172.56 -28 PBT18.5742.78 -57 NP12.5327.27 -54

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First Published: Nov 10 2016 | 9:42 AM IST

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