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Saffron Industries standalone net profit declines 99.26% in the September 2019 quarter

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Capital Market

Sales decline 34.62% to Rs 3.38 crore

Net profit of Saffron Industries declined 99.26% to Rs 0.01 crore in the quarter ended September 2019 as against Rs 1.35 crore during the previous quarter ended September 2018. Sales declined 34.62% to Rs 3.38 crore in the quarter ended September 2019 as against Rs 5.17 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales3.385.17 -35 OPM %6.5131.91 -PBDT0.311.65 -81 PBT0.011.35 -99 NP0.011.35 -99

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First Published: Nov 19 2019 | 2:51 PM IST

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