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Ratnamani Metals & Tubes consolidated net profit declines 25.82% in the September 2020 quarter

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Capital Market

Sales decline 5.48% to Rs 576.89 crore

Net profit of Ratnamani Metals & Tubes declined 25.82% to Rs 56.72 crore in the quarter ended September 2020 as against Rs 76.46 crore during the previous quarter ended September 2019. Sales declined 5.48% to Rs 576.89 crore in the quarter ended September 2020 as against Rs 610.33 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales576.89610.33 -5 OPM %14.1919.10 -PBDT90.06132.38 -32 PBT75.84117.95 -36 NP56.7276.46 -26

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First Published: Nov 04 2020 | 8:08 AM IST

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