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Elecon Engineering Company consolidated net profit declines 80.23% in the September 2019 quarter

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Capital Market

Sales decline 17.02% to Rs 266.16 crore

Net profit of Elecon Engineering Company declined 80.23% to Rs 9.77 crore in the quarter ended September 2019 as against Rs 49.42 crore during the previous quarter ended September 2018. Sales declined 17.02% to Rs 266.16 crore in the quarter ended September 2019 as against Rs 320.76 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales266.16320.76 -17 OPM %15.0410.33 -PBDT25.1066.32 -62 PBT12.4554.16 -77 NP9.7749.42 -80

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First Published: Oct 23 2019 | 10:35 AM IST

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