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The Hi-Tech Gears consolidated net profit declines 27.54% in the December 2020 quarter

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Capital Market

Sales rise 36.85% to Rs 217.94 crore

Net profit of The Hi-Tech Gears declined 27.54% to Rs 4.13 crore in the quarter ended December 2020 as against Rs 5.70 crore during the previous quarter ended December 2019. Sales rose 36.85% to Rs 217.94 crore in the quarter ended December 2020 as against Rs 159.25 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales217.94159.25 37 OPM %11.1615.10 -PBDT20.5219.33 6 PBT9.028.74 3 NP4.135.70 -28

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First Published: Feb 09 2021 | 4:24 PM IST

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