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CARE Ratings standalone net profit declines 20.28% in the September 2019 quarter

Capital Market 

Sales decline 29.02% to Rs 66.43 crore

Net profit of CARE Ratings declined 20.28% to Rs 36.99 crore in the quarter ended September 2019 as against Rs 46.40 crore during the previous quarter ended September 2018. Sales declined 29.02% to Rs 66.43 crore in the quarter ended September 2019 as against Rs 93.59 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales66.4393.59 -29 OPM %54.9966.47 -PBDT45.2769.57 -35 PBT43.5568.85 -37 NP36.9946.40 -20

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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, November 05 2019. 09:51 IST
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