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Hi-Tech Pipes consolidated net profit declines 92.60% in the June 2020 quarter

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Capital Market

Sales decline 53.05% to Rs 151.88 crore

Net profit of Hi-Tech Pipes declined 92.60% to Rs 0.52 crore in the quarter ended June 2020 as against Rs 7.03 crore during the previous quarter ended June 2019. Sales declined 53.05% to Rs 151.88 crore in the quarter ended June 2020 as against Rs 323.49 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales151.88323.49 -53 OPM %6.025.73 -PBDT2.6212.13 -78 PBT0.6610.62 -94 NP0.527.03 -93

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First Published: Aug 20 2020 | 5:54 PM IST

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