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Balasore Alloys consolidated net profit declines 79.52% in the June 2019 quarter

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Capital Market

Sales decline 15.62% to Rs 283.57 crore

Net profit of Balasore Alloys declined 79.52% to Rs 2.29 crore in the quarter ended June 2019 as against Rs 11.18 crore during the previous quarter ended June 2018. Sales declined 15.62% to Rs 283.57 crore in the quarter ended June 2019 as against Rs 336.08 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales283.57336.08 -16 OPM %8.5010.96 -PBDT13.5228.51 -53 PBT5.9620.49 -71 NP2.2911.18 -80

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First Published: Aug 14 2019 | 11:05 AM IST

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