Sales decline 1.47% to Rs 50.42 crore
Net profit of Stovec Industries declined 28.52% to Rs 5.59 crore in the quarter ended December 2019 as against Rs 7.82 crore during the previous quarter ended December 2018. Sales declined 1.47% to Rs 50.42 crore in the quarter ended December 2019 as against Rs 51.17 crore during the previous quarter ended December 2018.For the full year,net profit declined 27.84% to Rs 27.94 crore in the year ended December 2019 as against Rs 38.72 crore during the previous year ended December 2018. Sales rose 0.35% to Rs 193.70 crore in the year ended December 2019 as against Rs 193.02 crore during the previous year ended December 2018.
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