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Hi-Tech Pipes consolidated net profit declines 32.18% in the September 2019 quarter

Capital Market 

Sales decline 18.87% to Rs 275.35 crore

Net profit of Hi-Tech Pipes declined 32.18% to Rs 4.49 crore in the quarter ended September 2019 as against Rs 6.62 crore during the previous quarter ended September 2018. Sales declined 18.87% to Rs 275.35 crore in the quarter ended September 2019 as against Rs 339.40 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales275.35339.40 -19 OPM %4.025.54 -PBDT3.7811.25 -66 PBT2.279.95 -77 NP4.496.62 -32

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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, November 23 2019. 13:51 IST
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