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Stovec Industries standalone net profit declines 50.09% in the June 2019 quarter

Capital Market 

Sales decline 3.06% to Rs 51.28 crore

Net profit of Stovec Industries declined 50.09% to Rs 5.43 crore in the quarter ended June 2019 as against Rs 10.88 crore during the previous quarter ended June 2018. Sales declined 3.06% to Rs 51.28 crore in the quarter ended June 2019 as against Rs 52.90 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales51.2852.90 -3 OPM %14.8621.42 -PBDT8.5012.73 -33 PBT7.4011.55 -36 NP5.4310.88 -50

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

First Published: Wed, August 14 2019. 11:55 IST
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