Balasore Alloys standalone net profit rises 374.31% in the June 2017 quarter

Capital Market 

Sales rise 77.20% to Rs 289.98 crore

Net profit of rose 374.31% to Rs 24.00 crore in the quarter ended June 2017 as against Rs 5.06 crore during the previous quarter ended June 2016. Sales rose 77.20% to Rs 289.98 crore in the quarter ended June 2017 as against Rs 163.65 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales289.98163.65 77 OPM %19.6212.28 -PBDT46.2713.16 252 PBT38.916.41 507 NP24.005.06 374

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First Published: Thu, September 14 2017. 10:07 IST