Mukand Engineers reported a phenomenon drop in standalone net profit for the quarter ended September 2010. During the quarter, the profit of the company declined 43.45% to INR 9.50 million from INR 16.80 million in the same quarter previous year.

The company’s net sales for the quarter declined 12.27% to INR 175 million, while total income for the quarter fell 12.19% to INR 179.30 million, when compared with the prior year period.

(Sourced from IRIS.com)