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Shree Ajit Pulp and Paper consolidated net profit declines 73.26% in the December 2019 quarter

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Capital Market

Sales decline 14.57% to Rs 52.41 crore

Net profit of Shree Ajit Pulp and Paper declined 73.26% to Rs 1.77 crore in the quarter ended December 2019 as against Rs 6.62 crore during the previous quarter ended December 2018. Sales declined 14.57% to Rs 52.41 crore in the quarter ended December 2019 as against Rs 61.35 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales52.4161.35 -15 OPM %8.9916.69 -PBDT4.419.63 -54 PBT2.477.83 -68 NP1.776.62 -73

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First Published: Feb 14 2020 | 3:21 PM IST

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