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Cravatex consolidated net profit declines 90.21% in the December 2019 quarter

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Capital Market

Sales decline 6.15% to Rs 200.93 crore

Net profit of Cravatex declined 90.21% to Rs 0.66 crore in the quarter ended December 2019 as against Rs 6.74 crore during the previous quarter ended December 2018. Sales declined 6.15% to Rs 200.93 crore in the quarter ended December 2019 as against Rs 214.09 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales200.93214.09 -6 OPM %3.375.10 -PBDT5.5410.51 -47 PBT2.029.09 -78 NP0.666.74 -90

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First Published: Feb 13 2020 | 2:06 PM IST

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