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Magna Eletrocasting standalone net profit declines 30.92% in the September 2019 quarter

Capital Market 

Sales decline 13.03% to Rs 26.64 crore

Net profit of Magna Eletrocasting declined 30.92% to Rs 2.77 crore in the quarter ended September 2019 as against Rs 4.01 crore during the previous quarter ended September 2018. Sales declined 13.03% to Rs 26.64 crore in the quarter ended September 2019 as against Rs 30.63 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales26.6430.63 -13 OPM %15.2817.63 -PBDT4.516.44 -30 PBT3.624.96 -27 NP2.774.01 -31

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

First Published: Thu, November 07 2019. 15:03 IST
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