Manugraph India announced a substantial drop in standalone net profit for the quarter ended September 2016. During the quarter, the profit of the company declined 60.26% to Rs 37.00 million from Rs 93.10 million in the same quarter last year.
Revenues for the quarter declined 16.58% to Rs 785.60 million, compared with Rs 941.70 million for the prior year period.
Operating margin for the quarter stood at 0.42 percent as compared to 1.16 percent for the previous year period. Operating Income for the quarter was Rs 3.31 million, compared with Rs 10.92 million in the previous year period.
Earnings per share for the quarter stood at Rs 1.22, registering 60.13% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 16 | Sep - 15 | %Change |
| Revenues | 785.60 | 941.70 | (16.58) |
| Net Profit | 37.00 | 93.10 | (60.26) |
| Diluted EPS | 1.22 | 3.06 | (60.13) |
Shares of the company declined Rs 0.65, or 1.11%, to settle at Rs 57.65. The total volume of shares traded was 5,303 at the BSE (Wednesday).
