Steel Strips Wheels standalone net profit declines 5.09% in the June 2017 quarter

Sales decline 4.35% to Rs 311.74 crore

Net profit of Steel Strips Wheels declined 5.09% to Rs 16.41 crore in the quarter ended June 2017 as against Rs 17.29 crore during the previous quarter ended June 2016. Sales declined 4.35% to Rs 311.74 crore in the quarter ended June 2017 as against Rs 325.91 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales311.74325.91 -4 OPM %14.8913.87 -PBDT33.5535.41 -5 PBT21.4522.71 -6 NP16.4117.29 -5

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