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Menon Bearings standalone net profit declines 44.66% in the December 2019 quarter

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Capital Market

Sales decline 22.36% to Rs 31.64 crore

Net profit of Menon Bearings declined 44.66% to Rs 3.16 crore in the quarter ended December 2019 as against Rs 5.71 crore during the previous quarter ended December 2018. Sales declined 22.36% to Rs 31.64 crore in the quarter ended December 2019 as against Rs 40.75 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales31.6440.75 -22 OPM %20.1622.90 -PBDT5.959.14 -35 PBT4.228.05 -48 NP3.165.71 -45

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First Published: Feb 08 2020 | 1:44 PM IST

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