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The Hi-Tech Gears consolidated net profit declines 65.49% in the September 2019 quarter

Capital Market 

Sales decline 24.34% to Rs 177.06 crore

Net profit of The Hi-Tech Gears declined 65.49% to Rs 2.15 crore in the quarter ended September 2019 as against Rs 6.23 crore during the previous quarter ended September 2018. Sales declined 24.34% to Rs 177.06 crore in the quarter ended September 2019 as against Rs 234.01 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales177.06234.01 -24 OPM %10.759.18 -PBDT12.5823.03 -45 PBT1.9812.29 -84 NP2.156.23 -65

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

First Published: Tue, November 05 2019. 12:57 IST
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