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Nelcast consolidated net profit declines 70.59% in the December 2019 quarter

Capital Market 

Sales decline 46.72% to Rs 124.50 crore

Net profit of Nelcast declined 70.59% to Rs 2.70 crore in the quarter ended December 2019 as against Rs 9.18 crore during the previous quarter ended December 2018. Sales declined 46.72% to Rs 124.50 crore in the quarter ended December 2019 as against Rs 233.66 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales124.50233.66 -47 OPM %7.077.75 -PBDT8.5918.50 -54 PBT3.9213.77 -72 NP2.709.18 -71

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

First Published: Tue, February 11 2020. 11:17 IST
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