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GNA Axles standalone net profit declines 57.49% in the December 2019 quarter

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Capital Market

Sales decline 13.04% to Rs 214.14 crore

Net profit of GNA Axles declined 57.49% to Rs 7.63 crore in the quarter ended December 2019 as against Rs 17.95 crore during the previous quarter ended December 2018. Sales declined 13.04% to Rs 214.14 crore in the quarter ended December 2019 as against Rs 246.25 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales214.14246.25 -13 OPM %11.1615.80 -PBDT20.6836.56 -43 PBT10.0427.23 -63 NP7.6317.95 -57

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First Published: Jan 18 2020 | 5:10 PM IST

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