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Galaxy Bearings standalone net profit declines 41.00% in the September 2019 quarter

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Capital Market

Sales decline 39.21% to Rs 12.68 crore

Net profit of Galaxy Bearings declined 41.00% to Rs 1.18 crore in the quarter ended September 2019 as against Rs 2.00 crore during the previous quarter ended September 2018. Sales declined 39.21% to Rs 12.68 crore in the quarter ended September 2019 as against Rs 20.86 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales12.6820.86 -39 OPM %16.3214.09 -PBDT2.173.04 -29 PBT1.932.78 -31 NP1.182.00 -41

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First Published: Nov 11 2019 | 2:57 PM IST

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