Garden Reach Shipbuilders & Engineers standalone net profit declines 37.68% in the December 2019 quarter

Sales decline 24.35% to Rs 369.63 crore

Net profit of Garden Reach Shipbuilders & Engineers declined 37.68% to Rs 29.50 crore in the quarter ended December 2019 as against Rs 47.34 crore during the previous quarter ended December 2018. Sales declined 24.35% to Rs 369.63 crore in the quarter ended December 2019 as against Rs 488.59 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales369.63488.59 -24 OPM %-0.328.41 -PBDT48.9680.20 -39 PBT41.4773.43 -44 NP29.5047.34 -38

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