Hardcastle & Waud Mfg Co standalone net profit declines 66.90% in the June 2017 quarter

Capital Market 

Sales decline 50.69% to Rs 1.42 crore

Net profit of Mfg Co declined 66.90% to Rs 0.48 crore in the quarter ended June 2017 as against Rs 1.45 crore during the previous quarter ended June 2016. Sales declined 50.69% to Rs 1.42 crore in the quarter ended June 2017 as against Rs 2.88 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales1.422.88 -51 OPM %44.3772.22 -PBDT0.662.11 -69 PBT0.562.02 -72 NP0.481.45 -67

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First Published: Fri, September 15 2017. 16:39 IST