Mukand Engineers disclosed a substantial drop in standalone net profit for the quarter ended June 2010. During the quarter, the profit of the company declined 57.45% to INR 4.00 million from INR 9.40 million in the same quarter previous year.

The company’s net sales for the quarter declined 26.63% to INR 138 million, while total income for the quarter fell 25.38% to INR 143.50 million, when compared with the prior year period.

(Sourced from IRIS.com)