M M Forgings consolidated net profit declines 41.31% in the September 2019 quarter

Sales decline 18.55% to Rs 181.47 crore

Net profit of M M Forgings declined 41.31% to Rs 12.19 crore in the quarter ended September 2019 as against Rs 20.77 crore during the previous quarter ended September 2018. Sales declined 18.55% to Rs 181.47 crore in the quarter ended September 2019 as against Rs 222.79 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales181.47222.79 -19 OPM %18.8420.21 -PBDT28.3041.57 -32 PBT14.6027.02 -46 NP12.1920.77 -41

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