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Steel Strips Wheels standalone net profit declines 67.96% in the December 2019 quarter

Capital Market 

Sales decline 28.81% to Rs 343.60 crore

Net profit of Steel Strips Wheels declined 67.96% to Rs 6.29 crore in the quarter ended December 2019 as against Rs 19.63 crore during the previous quarter ended December 2018. Sales declined 28.81% to Rs 343.60 crore in the quarter ended December 2019 as against Rs 482.66 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales343.60482.66 -29 OPM %12.4212.78 -PBDT25.4042.47 -40 PBT7.4326.96 -72 NP6.2919.63 -68

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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, January 11 2020. 08:50 IST
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