Aarvee Denims & Exports standalone net profit declines 83.31% in the September 2017 quarter

Capital Market 

Sales decline 17.61% to Rs 177.59 crore

Net profit of & declined 83.31% to Rs 1.17 crore in the quarter ended September 2017 as against Rs 7.01 crore during the previous quarter ended September 2016. Sales declined 17.61% to Rs 177.59 crore in the quarter ended September 2017 as against Rs 215.56 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales177.59215.56 -18 OPM %11.0411.73 -PBDT9.4916.18 -41 PBT1.287.69 -83 NP1.177.01 -83

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First Published: Mon, December 11 2017. 16:43 IST