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Kanishk Steel Industries standalone net profit declines 86.87% in the December 2019 quarter

Capital Market 

Sales decline 20.42% to Rs 62.61 crore

Net profit of Kanishk Steel Industries declined 86.87% to Rs 0.13 crore in the quarter ended December 2019 as against Rs 0.99 crore during the previous quarter ended December 2018. Sales declined 20.42% to Rs 62.61 crore in the quarter ended December 2019 as against Rs 78.68 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales62.6178.68 -20 OPM %1.072.58 -PBDT0.661.78 -63 PBT0.451.56 -71 NP0.130.99 -87

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, February 12 2020. 08:12 IST
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