Olympic Oil Industries standalone net profit declines 57.78% in the September 2017 quarter

Capital Market 

Sales decline 16.99% to Rs 250.44 crore

Net profit of Industries declined 57.78% to Rs 0.76 crore in the quarter ended September 2017 as against Rs 1.80 crore during the previous quarter ended September 2016. Sales declined 16.99% to Rs 250.44 crore in the quarter ended September 2017 as against Rs 301.69 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales250.44301.69 -17 OPM %0.841.07 -PBDT1.192.69 -56 PBT1.142.69 -58 NP0.761.80 -58

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First Published: Sat, November 11 2017. 16:33 IST