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Sanghvi Forging & Engineering reports consolidated net loss of Rs 2.35 crore in the December 2019 quarter

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Capital Market

Sales decline 35.13% to Rs 14.05 crore

Net Loss of Sanghvi Forging & Engineering reported to Rs 2.35 crore in the quarter ended December 2019 as against net loss of Rs 0.01 crore during the previous quarter ended December 2018. Sales declined 35.13% to Rs 14.05 crore in the quarter ended December 2019 as against Rs 21.66 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales14.0521.66 -35 OPM %4.5612.19 -PBDT-0.222.16 PL PBT-2.35-0.01 -23400 NP-2.35-0.01 -23400

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First Published: Feb 14 2020 | 2:28 PM IST

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