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M M Forgings consolidated net profit declines 55.54% in the September 2020 quarter

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Capital Market
Last Updated : Nov 12 2020 | 12:04 PM IST

Sales decline 15.45% to Rs 153.44 crore

Net profit of M M Forgings declined 55.54% to Rs 5.42 crore in the quarter ended September 2020 as against Rs 12.19 crore during the previous quarter ended September 2019. Sales declined 15.45% to Rs 153.44 crore in the quarter ended September 2020 as against Rs 181.47 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales153.44181.47 -15 OPM %17.4118.84 -PBDT21.8128.30 -23 PBT7.1714.60 -51 NP5.4212.19 -56

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First Published: Nov 12 2020 | 11:34 AM IST

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