15 SEPTEMBER 2017AlCircle.com
Hind Aluminium’s standalone net profit falls 26.10% for quarter June 2017
Edited by : Heena Iqbal
1 min read
Hind Aluminium Industries, manufacturer of aluminium alloy and electrical grade wire rods, reported 26.10 per cent decline in its standalone net profit to INR 2.52 crore for the first quarter ended on 30th June, 2017 as compared to INR 3.41 crore during the previous quarter ended June 2016.
The company’s sales fell 11.78 per cent to INR 141.55 crore in the quarter ended June2017 as compared to INR 160.45 crore during the previous quarter ended June 2016.
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The company posted a 55.23 per cent decline in its standalone net profit to INR 0.77 crore in the quarter ended March 2017 and sales fell 32.56 per cent to INR 138.47 crore in the quarter ended March 2017.
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