Foseco India standalone net profit declines 8.55% in the December 2019 quarter

Sales decline 17.77% to Rs 73.32 crore

Net profit of Foseco India declined 8.55% to Rs 6.42 crore in the quarter ended December 2019 as against Rs 7.02 crore during the previous quarter ended December 2018. Sales declined 17.77% to Rs 73.32 crore in the quarter ended December 2019 as against Rs 89.16 crore during the previous quarter ended December 2018.

For the full year,net profit rose 7.77% to Rs 34.53 crore in the year ended December 2019 as against Rs 32.04 crore during the previous year ended December 2018. Sales declined 10.95% to Rs 322.52 crore in the year ended December 2019 as against Rs 362.16 crore during the previous year ended December 2018.

ParticularsQuarter EndedYear EndedDec. 2019Dec. 2018% Var.Dec. 2019Dec. 2018% Var.Sales73.3289.16 -18 322.52362.16 -11 OPM %11.8912.61 -14.2713.92 - PBDT11.0812.42 -11 53.8254.62 -1 PBT9.9411.40 -13 49.6250.08 -1 NP6.427.02 -9 34.5332.04 8

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