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Magna Eletrocasting standalone net profit declines 29.17% in the June 2020 quarter

Capital Market 

Sales decline 39.68% to Rs 17.30 crore

Net profit of Magna Eletrocasting declined 29.17% to Rs 1.53 crore in the quarter ended June 2020 as against Rs 2.16 crore during the previous quarter ended June 2019. Sales declined 39.68% to Rs 17.30 crore in the quarter ended June 2020 as against Rs 28.68 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales17.3028.68 -40 OPM %15.0914.54 -PBDT2.914.29 -32 PBT2.132.96 -28 NP1.532.16 -29

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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, July 31 2020. 12:23 IST
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