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Gandhi Special Tubes standalone net profit declines 49.03% in the June 2019 quarter

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Capital Market

Sales decline 36.51% to Rs 23.84 crore

Net profit of Gandhi Special Tubes declined 49.03% to Rs 5.76 crore in the quarter ended June 2019 as against Rs 11.30 crore during the previous quarter ended June 2018. Sales declined 36.51% to Rs 23.84 crore in the quarter ended June 2019 as against Rs 37.55 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales23.8437.55 -37 OPM %31.9239.12 -PBDT8.7115.94 -45 PBT7.8415.05 -48 NP5.7611.30 -49

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First Published: Aug 02 2019 | 8:23 AM IST

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