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Banco Products (India) standalone net profit declines 71.50% in the September 2019 quarter

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Capital Market

Sales decline 18.90% to Rs 146.29 crore

Net profit of Banco Products (India) declined 71.50% to Rs 14.14 crore in the quarter ended September 2019 as against Rs 49.62 crore during the previous quarter ended September 2018. Sales declined 18.90% to Rs 146.29 crore in the quarter ended September 2019 as against Rs 180.38 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales146.29180.38 -19 OPM %15.6813.37 -PBDT26.9170.00 -62 PBT21.9665.57 -67 NP14.1449.62 -72

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First Published: Nov 14 2019 | 9:02 AM IST

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