Elgi Equipments consolidated net profit declines 45.09% in the December 2019 quarter

Image
Capital Market
Last Updated : Feb 08 2020 | 9:08 AM IST

Sales decline 1.46% to Rs 463.30 crore

Net profit of Elgi Equipments declined 45.09% to Rs 12.86 crore in the quarter ended December 2019 as against Rs 23.42 crore during the previous quarter ended December 2018. Sales declined 1.46% to Rs 463.30 crore in the quarter ended December 2019 as against Rs 470.17 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales463.30470.17 -1 OPM %6.9710.09 -PBDT36.0546.78 -23 PBT19.1532.27 -41 NP12.8623.42 -45

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 08 2020 | 8:53 AM IST

Next Story