Kanani Industries standalone net profit declines 22.86% in the June 2017 quarter

Capital Market 

Sales decline 11.61% to Rs 18.88 crore

Net profit of declined 22.86% to Rs 0.27 crore in the quarter ended June 2017 as against Rs 0.35 crore during the previous quarter ended June 2016. Sales declined 11.61% to Rs 18.88 crore in the quarter ended June 2017 as against Rs 21.36 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales18.8821.36 -12 OPM %1.171.08 -PBDT0.350.37 -5 PBT0.330.35 -6 NP0.270.35 -23

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First Published: Wed, September 06 2017. 18:05 IST