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Hi-Tech Pipes standalone net profit declines 96.02% in the June 2020 quarter

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Capital Market

Sales decline 63.72% to Rs 96.45 crore

Net profit of Hi-Tech Pipes declined 96.02% to Rs 0.20 crore in the quarter ended June 2020 as against Rs 5.02 crore during the previous quarter ended June 2019. Sales declined 63.72% to Rs 96.45 crore in the quarter ended June 2020 as against Rs 265.86 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales96.45265.86 -64 OPM %6.925.21 -PBDT1.839.04 -80 PBT0.277.88 -97 NP0.205.02 -96

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First Published: Aug 20 2020 | 5:40 PM IST

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