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Akar Auto Industries standalone net profit declines 39.01% in the September 2019 quarter

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Capital Market

Sales decline 46.53% to Rs 44.10 crore

Net profit of Akar Auto Industries declined 39.01% to Rs 0.86 crore in the quarter ended September 2019 as against Rs 1.41 crore during the previous quarter ended September 2018. Sales declined 46.53% to Rs 44.10 crore in the quarter ended September 2019 as against Rs 82.48 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales44.1082.48 -47 OPM %7.767.23 -PBDT2.103.85 -45 PBT1.272.90 -56 NP0.861.41 -39

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First Published: Nov 15 2019 | 3:43 PM IST

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