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Vedavaag Systems standalone net profit rises 5.59% in the September 2016 quarter

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Capital Market

Sales decline 47.07% to Rs 14.08 crore

Net profit of Vedavaag Systems rose 5.59% to Rs 1.89 crore in the quarter ended September 2016 as against Rs 1.79 crore during the previous quarter ended September 2015. Sales declined 47.07% to Rs 14.08 crore in the quarter ended September 2016 as against Rs 26.60 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales14.0826.60 -47 OPM %21.1618.23 -PBDT3.004.85 -38 PBT2.392.21 8 NP1.891.79 6

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First Published: Nov 16 2016 | 11:45 AM IST

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