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Tamilnadu Steel Tubes standalone net profit declines 22.22% in the June 2017 quarter

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Capital Market

Sales rise 30.21% to Rs 22.80 crore

Net profit of Tamilnadu Steel Tubes declined 22.22% to Rs 0.42 crore in the quarter ended June 2017 as against Rs 0.54 crore during the previous quarter ended June 2016. Sales rose 30.21% to Rs 22.80 crore in the quarter ended June 2017 as against Rs 17.51 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales22.8017.51 30 OPM %3.386.17 -PBDT0.680.88 -23 PBT0.600.81 -26 NP0.420.54 -22

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First Published: Aug 18 2017 | 5:49 PM IST

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