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Avantel standalone net profit declines 43.80% in the June 2019 quarter

Capital Market 

Sales decline 28.74% to Rs 8.68 crore

Net profit of Avantel declined 43.80% to Rs 1.36 crore in the quarter ended June 2019 as against Rs 2.42 crore during the previous quarter ended June 2018. Sales declined 28.74% to Rs 8.68 crore in the quarter ended June 2019 as against Rs 12.18 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales8.6812.18 -29 OPM %23.0429.80 -PBDT2.243.55 -37 PBT1.733.08 -44 NP1.362.42 -44

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, July 13 2019. 15:18 IST
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