The Hi-Tech Gears standalone net profit declines 71.89% in the December 2019 quarter

Sales decline 23.44% to Rs 112.37 crore
Net profit of The Hi-Tech Gears declined 71.89% to Rs 4.11 crore in the quarter ended December 2019 as against Rs 14.62 crore during the previous quarter ended December 2018. Sales declined 23.44% to Rs 112.37 crore in the quarter ended December 2019 as against Rs 146.77 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales112.37146.77 -23 OPM %14.2114.78 -PBDT13.2323.82 -44 PBT6.5817.00 -61 NP4.1114.62 -72Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Feb 08 2020 | 8:54 AM IST
