Orient Abrasives standalone net profit rises 23.39% in the September 2018 quarter

Capital Market 

Sales decline 26.36% to Rs 54.50 crore

Net profit of rose 23.39% to Rs 2.69 crore in the quarter ended September 2018 as against Rs 2.18 crore during the previous quarter ended September 2017. Sales declined 26.36% to Rs 54.50 crore in the quarter ended September 2018 as against Rs 74.01 crore during the previous quarter ended September 2017. ParticularsQuarter EndedSep. 2018Sep. 2017% Var.Sales54.5074.01 -26 OPM %12.268.86 -PBDT5.285.70 -7 PBT2.513.41 -26 NP2.692.18 23

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First Published: Wed, October 31 2018. 08:33 IST