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Steel Strips Wheels standalone net profit declines 31.57% in the June 2019 quarter

Capital Market 

Sales decline 6.01% to Rs 470.59 crore

Net profit of Steel Strips Wheels declined 31.57% to Rs 14.72 crore in the quarter ended June 2019 as against Rs 21.51 crore during the previous quarter ended June 2018. Sales declined 6.01% to Rs 470.59 crore in the quarter ended June 2019 as against Rs 500.69 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales470.59500.69 -6 OPM %11.8312.74 -PBDT36.8843.37 -15 PBT19.0527.89 -32 NP14.7221.51 -32

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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, July 09 2019. 15:37 IST
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