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Energy Development Company consolidated net profit declines 79.24% in the December 2019 quarter

Capital Market

Sales decline 41.37% to Rs 9.75 crore

Net profit of Energy Development Company declined 79.24% to Rs 2.01 crore in the quarter ended December 2019 as against Rs 9.68 crore during the previous quarter ended December 2018. Sales declined 41.37% to Rs 9.75 crore in the quarter ended December 2019 as against Rs 16.63 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales9.7516.63 -41 OPM %70.4687.25 -PBDT2.909.65 -70 PBT0.278.18 -97 NP2.019.68 -79

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First Published: Feb 12 2020 | 12:44 PM IST

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