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Lumax Industries consolidated net profit declines 61.14% in the December 2019 quarter

Capital Market

Sales decline 11.31% to Rs 383.25 crore

Net profit of Lumax Industries declined 61.14% to Rs 18.90 crore in the quarter ended December 2019 as against Rs 48.63 crore during the previous quarter ended December 2018. Sales declined 11.31% to Rs 383.25 crore in the quarter ended December 2019 as against Rs 432.11 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales383.25432.11 -11 OPM %11.269.58 -PBDT41.3240.08 3 PBT25.2025.88 -3 NP18.9048.63 -61

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First Published: Feb 03 2020 | 11:41 AM IST

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