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Kennametal India standalone net profit declines 10.66% in the June 2019 quarter

Capital Market 

Sales rise 2.66% to Rs 231.80 crore

Net profit of Kennametal India declined 10.66% to Rs 17.60 crore in the quarter ended June 2019 as against Rs 19.70 crore during the previous quarter ended June 2018. Sales rose 2.66% to Rs 231.80 crore in the quarter ended June 2019 as against Rs 225.80 crore during the previous quarter ended June 2018.

For the full year,net profit rose 65.01% to Rs 86.30 crore in the year ended June 2019 as against Rs 52.30 crore during the previous year ended June 2018. Sales rose 16.87% to Rs 926.90 crore in the year ended June 2019 as against Rs 793.10 crore during the previous year ended June 2018.

ParticularsQuarter EndedYear EndedJun. 2019Jun. 2018% Var.Jun. 2019Jun. 2018% Var.Sales231.80225.80 3 926.90793.10 17 OPM %11.7812.05 -14.6812.66 - PBDT32.4031.40 3 149.60108.80 38 PBT25.4024.40 4 121.6080.70 51 NP17.6019.70 -11 86.3052.30 65

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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, August 24 2019. 17:08 IST
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