Ratnamani Metals & Tubes consolidated net profit declines 40.46% in the December 2020 quarter

Sales decline 41.70% to Rs 440.79 crore

Net profit of Ratnamani Metals & Tubes declined 40.46% to Rs 60.15 crore in the quarter ended December 2020 as against Rs 101.02 crore during the previous quarter ended December 2019. Sales declined 41.70% to Rs 440.79 crore in the quarter ended December 2020 as against Rs 756.05 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales440.79756.05 -42 OPM %18.1314.34 -PBDT87.50117.49 -26 PBT74.14102.33 -28 NP60.15101.02 -40

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