Sales decline 1.23% to Rs 49.96 crore
Net profit of Stovec Industries declined 16.99% to Rs 4.64 crore in the quarter ended December 2020 as against Rs 5.59 crore during the previous quarter ended December 2019. Sales declined 1.23% to Rs 49.96 crore in the quarter ended December 2020 as against Rs 50.58 crore during the previous quarter ended December 2019.For the full year,net profit declined 51.83% to Rs 13.46 crore in the year ended December 2020 as against Rs 27.94 crore during the previous year ended December 2019. Sales declined 22.72% to Rs 150.12 crore in the year ended December 2020 as against Rs 194.25 crore during the previous year ended December 2019.
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