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Galaxy Bearings standalone net profit declines 8.29% in the December 2019 quarter

Capital Market 

Sales decline 15.90% to Rs 13.22 crore

Net profit of Galaxy Bearings declined 8.29% to Rs 1.77 crore in the quarter ended December 2019 as against Rs 1.93 crore during the previous quarter ended December 2018. Sales declined 15.90% to Rs 13.22 crore in the quarter ended December 2019 as against Rs 15.72 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales13.2215.72 -16 OPM %14.7518.45 -PBDT2.312.87 -20 PBT2.072.69 -23 NP1.771.93 -8

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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, February 11 2020. 13:48 IST
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