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Avantel standalone net profit declines 12.39% in the December 2019 quarter

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Capital Market

Sales decline 4.06% to Rs 13.48 crore

Net profit of Avantel declined 12.39% to Rs 2.90 crore in the quarter ended December 2019 as against Rs 3.31 crore during the previous quarter ended December 2018. Sales declined 4.06% to Rs 13.48 crore in the quarter ended December 2019 as against Rs 14.05 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales13.4814.05 -4 OPM %30.8634.23 -PBDT4.124.75 -13 PBT3.524.22 -17 NP2.903.31 -12

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First Published: Jan 17 2020 | 2:52 PM IST

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