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 -72

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