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The Hi-Tech Gears standalone net profit declines 28.40% in the September 2019 quarter

Capital Market 

Sales decline 21.76% to Rs 129.56 crore

Net profit of The Hi-Tech Gears declined 28.40% to Rs 4.26 crore in the quarter ended September 2019 as against Rs 5.95 crore during the previous quarter ended September 2018. Sales declined 21.76% to Rs 129.56 crore in the quarter ended September 2019 as against Rs 165.59 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales129.56165.59 -22 OPM %12.0810.22 -PBDT11.4218.72 -39 PBT4.7811.76 -59 NP4.265.95 -28

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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. 09:49 IST
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