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CARE Ratings consolidated net profit declines 19.71% in the September 2019 quarter

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Capital Market

Sales decline 25.89% to Rs 71.63 crore

Net profit of CARE Ratings declined 19.71% to Rs 36.49 crore in the quarter ended September 2019 as against Rs 45.45 crore during the previous quarter ended September 2018. Sales declined 25.89% to Rs 71.63 crore in the quarter ended September 2019 as against Rs 96.65 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales71.6396.65 -26 OPM %50.9063.35 -PBDT45.3268.67 -34 PBT43.4267.91 -36 NP36.4945.45 -20

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First Published: Nov 05 2019 | 9:50 AM IST

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