Setco Automotive standalone net profit declines 55.91% in the September 2019 quarter

Sales decline 30.53% to Rs 116.42 crore

Net profit of Setco Automotive declined 55.91% to Rs 3.88 crore in the quarter ended September 2019 as against Rs 8.80 crore during the previous quarter ended September 2018. Sales declined 30.53% to Rs 116.42 crore in the quarter ended September 2019 as against Rs 167.58 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales116.42167.58 -31 OPM %13.6914.14 -PBDT11.4620.29 -44 PBT6.7115.43 -57 NP3.888.80 -56

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