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Banco Products (India) consolidated net profit declines 53.55% in the December 2021 quarter

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Capital Market

Sales rise 6.52% to Rs 394.02 crore

Net profit of Banco Products (India) declined 53.55% to Rs 17.10 crore in the quarter ended December 2021 as against Rs 36.81 crore during the previous quarter ended December 2020. Sales rose 6.52% to Rs 394.02 crore in the quarter ended December 2021 as against Rs 369.89 crore during the previous quarter ended December 2020. ParticularsQuarter EndedDec. 2021Dec. 2020% Var.Sales394.02369.89 7 OPM %10.0714.72 -PBDT36.4056.30 -35 PBT28.2747.15 -40 NP17.1036.81 -54

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First Published: Feb 05 2022 | 4:41 PM IST

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