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Axtel Industries standalone net profit declines 64.85% in the June 2019 quarter

Capital Market 

Sales decline 16.57% to Rs 17.83 crore

Net profit of Axtel Industries declined 64.85% to Rs 0.71 crore in the quarter ended June 2019 as against Rs 2.02 crore during the previous quarter ended June 2018. Sales declined 16.57% to Rs 17.83 crore in the quarter ended June 2019 as against Rs 21.37 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales17.8321.37 -17 OPM %7.2411.75 -PBDT1.602.68 -40 PBT1.002.02 -50 NP0.712.02 -65

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

First Published: Tue, August 06 2019. 16:09 IST
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