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Minda Corporation standalone net profit declines 32.40% in the September 2020 quarter

Capital Market

Sales rise 20.18% to Rs 635.67 crore

Net profit of Minda Corporation declined 32.40% to Rs 26.91 crore in the quarter ended September 2020 as against Rs 39.81 crore during the previous quarter ended September 2019. Sales rose 20.18% to Rs 635.67 crore in the quarter ended September 2020 as against Rs 528.91 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales635.67528.91 20 OPM %10.1111.97 -PBDT60.7464.24 -5 PBT37.0444.01 -16 NP26.9139.81 -32

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

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