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Steel Strips Wheels standalone net profit declines 63.88% in the September 2019 quarter

Capital Market 

Sales decline 31.84% to Rs 362.08 crore

Net profit of Steel Strips Wheels declined 63.88% to Rs 7.69 crore in the quarter ended September 2019 as against Rs 21.29 crore during the previous quarter ended September 2018. Sales declined 31.84% to Rs 362.08 crore in the quarter ended September 2019 as against Rs 531.19 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales362.08531.19 -32 OPM %11.4412.02 -PBDT25.4944.01 -42 PBT7.5128.40 -74 NP7.6921.29 -64

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, November 09 2019. 16:41 IST
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