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M M Forgings consolidated net profit declines 51.10% in the December 2019 quarter

Capital Market 

Sales decline 25.26% to Rs 186.74 crore

Net profit of M M Forgings declined 51.10% to Rs 11.32 crore in the quarter ended December 2019 as against Rs 23.15 crore during the previous quarter ended December 2018. Sales declined 25.26% to Rs 186.74 crore in the quarter ended December 2019 as against Rs 249.85 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales186.74249.85 -25 OPM %17.0019.05 -PBDT28.6543.95 -35 PBT14.9029.40 -49 NP11.3223.15 -51

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

First Published: Fri, February 14 2020. 15:03 IST
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