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Ashapura Minechem consolidated net profit declines 46.36% in the December 2020 quarter

Capital Market

Sales rise 618.98% to Rs 349.71 crore

Net profit of Ashapura Minechem declined 46.36% to Rs 29.24 crore in the quarter ended December 2020 as against Rs 54.51 crore during the previous quarter ended December 2019. Sales rose 618.98% to Rs 349.71 crore in the quarter ended December 2020 as against Rs 48.64 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales349.7148.64 619 OPM %10.69-34.52 -PBDT38.94-24.63 LP PBT29.49-31.53 LP NP29.2454.51 -46

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First Published: Feb 11 2021 | 4:25 PM IST

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