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Galaxy Bearings standalone net profit declines 65.43% in the June 2019 quarter

Capital Market 

Sales decline 17.77% to Rs 12.22 crore

Net profit of Galaxy Bearings declined 65.43% to Rs 0.28 crore in the quarter ended June 2019 as against Rs 0.81 crore during the previous quarter ended June 2018. Sales declined 17.77% to Rs 12.22 crore in the quarter ended June 2019 as against Rs 14.86 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales12.2214.86 -18 OPM %6.309.42 -PBDT0.801.37 -42 PBT0.581.13 -49 NP0.280.81 -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: Sat, August 10 2019. 15:44 IST
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