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Wheels India consolidated net profit declines 73.50% in the September 2020 quarter

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Capital Market

Sales decline 14.73% to Rs 562.08 crore

Net profit of Wheels India declined 73.50% to Rs 6.84 crore in the quarter ended September 2020 as against Rs 25.81 crore during the previous quarter ended September 2019. Sales declined 14.73% to Rs 562.08 crore in the quarter ended September 2020 as against Rs 659.20 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales562.08659.20 -15 OPM %7.306.10 -PBDT28.0525.25 11 PBT8.346.49 29 NP6.8425.81 -73

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First Published: Oct 30 2020 | 5:38 PM IST

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