Precot Meridian reports standalone net profit of Rs 23.21 crore in the June 2017 quarter

Capital Market 

Sales rise 2.70% to Rs 160.72 crore

Net profit of Precot Meridian reported to Rs 23.21 crore in the quarter ended June 2017 as against net loss of Rs 7.10 crore during the previous quarter ended June 2016. Sales rose 2.70% to Rs 160.72 crore in the quarter ended June 2017 as against Rs 156.49 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales160.72156.49 3 OPM %-0.434.26 -PBDT-10.032.36 PL PBT-18.29-7.10 -158 NP23.21-7.10 LP

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First Published: Wed, August 30 2017. 17:27 IST