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Gandhi Special Tubes standalone net profit declines 53.86% in the December 2019 quarter

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Capital Market

Sales decline 33.32% to Rs 18.45 crore

Net profit of Gandhi Special Tubes declined 53.86% to Rs 4.54 crore in the quarter ended December 2019 as against Rs 9.84 crore during the previous quarter ended December 2018. Sales declined 33.32% to Rs 18.45 crore in the quarter ended December 2019 as against Rs 27.67 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales18.4527.67 -33 OPM %29.1633.07 -PBDT6.8011.66 -42 PBT5.9210.70 -45 NP4.549.84 -54

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First Published: Jan 28 2020 | 4:14 PM IST

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