Techno Electric & Engineering Company standalone net profit declines 60.06% in the September 2017 quarter

Capital Market 

Sales decline 34.94% to Rs 201.40 crore

Net profit of & Engineering Company declined 60.06% to Rs 17.95 crore in the quarter ended September 2017 as against Rs 44.94 crore during the previous quarter ended September 2016. Sales declined 34.94% to Rs 201.40 crore in the quarter ended September 2017 as against Rs 309.56 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales201.40309.56 -35 OPM %13.5818.46 -PBDT29.0464.00 -55 PBT28.3359.94 -53 NP17.9544.94 -60

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First Published: Sat, November 11 2017. 16:34 IST