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SHK — S H Kelkar And News Story

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Brief: India's S H Kelkar & Co Sept-qtr profit falls

Nov 13 (Reuters) - S H Kelkar And Company Ltd  SHKE.NS : 
    * Sept quarter net profit 119.7 million rupees versus profit 
186.5 
million rupees year ago 
    * Sept quarter income from operations 1.40 billion rupees 
versus 
1.72 billion rupees year ago 
    * Says "recovery was much slower than we anticipated earlier 
especially in the months of July and August" 
    * Have reported subdued performance during quarter as GST 
related 
challenges impacted co's domestic business 
 
    Source text - http://bit.ly/2htNFXL 
    Further company coverage:  SHKE.NS  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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