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Rama Steel Tubes consolidated net profit declines 61.17% in the December 2019 quarter

Capital Market 

Sales decline 30.04% to Rs 87.14 crore

Net profit of Rama Steel Tubes declined 61.17% to Rs 0.40 crore in the quarter ended December 2019 as against Rs 1.03 crore during the previous quarter ended December 2018. Sales declined 30.04% to Rs 87.14 crore in the quarter ended December 2019 as against Rs 124.56 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales87.14124.56 -30 OPM %2.483.47 -PBDT1.111.97 -44 PBT0.401.27 -69 NP0.401.03 -61

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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. 17:00 IST
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