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Fermenta Biotech consolidated net profit declines 65.42% in the December 2019 quarter

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Capital Market

Sales decline 40.51% to Rs 66.45 crore

Net profit of Fermenta Biotech declined 65.42% to Rs 9.65 crore in the quarter ended December 2019 as against Rs 27.91 crore during the previous quarter ended December 2018. Sales declined 40.51% to Rs 66.45 crore in the quarter ended December 2019 as against Rs 111.70 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales66.45111.70 -41 OPM %20.7440.12 -PBDT11.9240.40 -70 PBT8.1137.37 -78 NP9.6527.91 -65

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First Published: Feb 17 2020 | 8:21 AM IST

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