Srikalahasthi Pipes standalone net profit declines 52.55% in the June 2018 quarter

Capital Market 

Sales decline 31.59% to Rs 296.24 crore

Net profit of Srikalahasthi Pipes declined 52.55% to Rs 17.29 crore in the quarter ended June 2018 as against Rs 36.44 crore during the previous quarter ended June 2017. Sales declined 31.59% to Rs 296.24 crore in the quarter ended June 2018 as against Rs 433.05 crore during the previous quarter ended June 2017. ParticularsQuarter EndedJun. 2018Jun. 2017% Var.Sales296.24433.05 -32 OPM %9.5714.85 -PBDT30.2159.08 -49 PBT21.1750.32 -58 NP17.2936.44 -53

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First Published: Tue, July 31 2018. 16:58 IST