Prakash Steelage reports standalone net profit of Rs 3.25 crore in the September 2017 quarter

Capital Market 

Sales decline 59.89% to Rs 14.24 crore

Net profit of Prakash Steelage reported to Rs 3.25 crore in the quarter ended September 2017 as against net loss of Rs 20.21 crore during the previous quarter ended September 2016. Sales declined 59.89% to Rs 14.24 crore in the quarter ended September 2017 as against Rs 35.50 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales14.2435.50 -60 OPM %8.71-16.93 -PBDT2.68-13.91 LP PBT1.86-14.82 LP NP3.25-20.21 LP

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First Published: Sat, December 02 2017. 15:10 IST