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Balkrishna Industries standalone net profit declines 23.56% in the June 2019 quarter

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Capital Market

Sales decline 12.40% to Rs 1193.48 crore

Net profit of Balkrishna Industries declined 23.56% to Rs 176.00 crore in the quarter ended June 2019 as against Rs 230.25 crore during the previous quarter ended June 2018. Sales declined 12.40% to Rs 1193.48 crore in the quarter ended June 2019 as against Rs 1362.39 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales1193.481362.39 -12 OPM %22.4426.25 -PBDT337.65436.51 -23 PBT253.55352.41 -28 NP176.00230.25 -24

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First Published: Aug 12 2019 | 3:48 PM IST

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