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Minda Corporation consolidated net profit declines 30.50% in the September 2020 quarter

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Capital Market

Sales rise 17.47% to Rs 656.10 crore

Net profit of Minda Corporation declined 30.50% to Rs 25.82 crore in the quarter ended September 2020 as against Rs 37.15 crore during the previous quarter ended September 2019. Sales rose 17.47% to Rs 656.10 crore in the quarter ended September 2020 as against Rs 558.53 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales656.10558.53 17 OPM %9.8910.94 -PBDT61.4063.23 -3 PBT36.6141.90 -13 NP25.8237.15 -30

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First Published: Nov 06 2020 | 8:06 AM IST

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