Tips Industries standalone net profit rises 455.32% in the September 2019 quarter

Sales decline 24.00% to Rs 11.75 crore

Net profit of Tips Industries rose 455.32% to Rs 2.61 crore in the quarter ended September 2019 as against Rs 0.47 crore during the previous quarter ended September 2018. Sales declined 24.00% to Rs 11.75 crore in the quarter ended September 2019 as against Rs 15.46 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales11.7515.46 -24 OPM %-103.326.86 -PBDT3.470.94 269 PBT2.930.62 373 NP2.610.47 455

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