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Ovobel Foods standalone net profit declines 23.74% in the September 2020 quarter

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Capital Market

Sales decline 6.98% to Rs 26.90 crore

Net profit of Ovobel Foods declined 23.74% to Rs 1.51 crore in the quarter ended September 2020 as against Rs 1.98 crore during the previous quarter ended September 2019. Sales declined 6.98% to Rs 26.90 crore in the quarter ended September 2020 as against Rs 28.92 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales26.9028.92 -7 OPM %4.132.87 -PBDT2.313.04 -24 PBT2.092.73 -23 NP1.511.98 -24

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First Published: Nov 16 2020 | 8:26 AM IST

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