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Dredging Corporation of India standalone net profit rises 219.80% in the December 2019 quarter

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Capital Market

Sales rise 22.74% to Rs 202.57 crore

Net profit of Dredging Corporation of India rose 219.80% to Rs 31.34 crore in the quarter ended December 2019 as against Rs 9.80 crore during the previous quarter ended December 2018. Sales rose 22.74% to Rs 202.57 crore in the quarter ended December 2019 as against Rs 165.04 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales202.57165.04 23 OPM %34.5423.36 -PBDT61.4839.10 57 PBT31.6211.30 180 NP31.349.80 220

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First Published: Feb 17 2020 | 8:17 AM IST

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