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Texmo Pipes & Products standalone net profit declines 68.63% in the June 2017 quarter

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Capital Market

Sales decline 9.11% to Rs 72.99 crore

Net profit of Texmo Pipes & Products declined 68.63% to Rs 0.48 crore in the quarter ended June 2017 as against Rs 1.53 crore during the previous quarter ended June 2016. Sales declined 9.11% to Rs 72.99 crore in the quarter ended June 2017 as against Rs 80.31 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales72.9980.31 -9 OPM %5.487.16 -PBDT2.313.68 -37 PBT0.652.28 -71 NP0.481.53 -69

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First Published: Sep 12 2017 | 4:32 PM IST

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