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Hi-Tech Pipes consolidated net profit declines 22.31% in the December 2019 quarter

Capital Market

Sales decline 2.54% to Rs 311.00 crore

Net profit of Hi-Tech Pipes declined 22.31% to Rs 4.70 crore in the quarter ended December 2019 as against Rs 6.05 crore during the previous quarter ended December 2018. Sales declined 2.54% to Rs 311.00 crore in the quarter ended December 2019 as against Rs 319.12 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales311.00319.12 -3 OPM %4.885.66 -PBDT7.7610.21 -24 PBT6.258.90 -30 NP4.706.05 -22

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First Published: Jan 23 2020 | 8:22 AM IST

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