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Nitin Castings standalone net profit declines 41.67% in the December 2019 quarter

Capital Market 

Sales decline 21.39% to Rs 15.69 crore

Net profit of Nitin Castings declined 41.67% to Rs 0.49 crore in the quarter ended December 2019 as against Rs 0.84 crore during the previous quarter ended December 2018. Sales declined 21.39% to Rs 15.69 crore in the quarter ended December 2019 as against Rs 19.96 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales15.6919.96 -21 OPM %11.7912.53 -PBDT1.742.37 -27 PBT0.611.23 -50 NP0.490.84 -42

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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. 08:32 IST
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