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Coastal Corporation consolidated net profit declines 66.37% in the December 2020 quarter

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Capital Market

Sales decline 36.34% to Rs 125.86 crore

Net profit of Coastal Corporation declined 66.37% to Rs 3.44 crore in the quarter ended December 2020 as against Rs 10.23 crore during the previous quarter ended December 2019. Sales declined 36.34% to Rs 125.86 crore in the quarter ended December 2020 as against Rs 197.72 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales125.86197.72 -36 OPM %3.346.64 -PBDT5.5314.04 -61 PBT4.6113.15 -65 NP3.4410.23 -66

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First Published: Feb 11 2021 | 4:06 PM IST

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