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Simplex Projects standalone net profit declines 97.94% in the December 2017 quarter

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Capital Market

Sales decline 55.58% to Rs 50.83 crore

Net profit of Simplex Projects declined 97.94% to Rs 0.14 crore in the quarter ended December 2017 as against Rs 6.80 crore during the previous quarter ended December 2016. Sales declined 55.58% to Rs 50.83 crore in the quarter ended December 2017 as against Rs 114.44 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales50.83114.44 -56 OPM %7.9914.49 -PBDT3.5111.82 -70 PBT-0.207.75 PL NP0.146.80 -98

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First Published: Feb 15 2018 | 4:29 PM IST

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