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Kalyani Steels standalone net profit declines 76.04% in the June 2020 quarter

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Capital Market

Sales decline 64.71% to Rs 121.19 crore

Net profit of Kalyani Steels declined 76.04% to Rs 8.77 crore in the quarter ended June 2020 as against Rs 36.61 crore during the previous quarter ended June 2019. Sales declined 64.71% to Rs 121.19 crore in the quarter ended June 2020 as against Rs 343.45 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales121.19343.45 -65 OPM %11.8017.99 -PBDT23.0164.51 -64 PBT11.6355.03 -79 NP8.7736.61 -76

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First Published: Aug 10 2020 | 12:58 PM IST

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