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Stovec Industries standalone net profit declines 34.14% in the March 2020 quarter

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Capital Market

Sales rise 12.95% to Rs 42.05 crore

Net profit of Stovec Industries declined 34.14% to Rs 4.61 crore in the quarter ended March 2020 as against Rs 7.00 crore during the previous quarter ended March 2019. Sales rose 12.95% to Rs 42.05 crore in the quarter ended March 2020 as against Rs 37.23 crore during the previous quarter ended March 2019. ParticularsQuarter EndedMar. 2020Mar. 2019% Var.Sales42.0537.23 13 OPM %13.3221.73 -PBDT6.9810.93 -36 PBT5.899.82 -40 NP4.617.00 -34

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First Published: Jun 04 2020 | 6:18 PM IST

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