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Garware Polyester standalone net profit declines 41.60% in the June 2020 quarter

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Capital Market

Sales decline 30.75% to Rs 174.13 crore

Net profit of Garware Polyester declined 41.60% to Rs 15.82 crore in the quarter ended June 2020 as against Rs 27.09 crore during the previous quarter ended June 2019. Sales declined 30.75% to Rs 174.13 crore in the quarter ended June 2020 as against Rs 251.46 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales174.13251.46 -31 OPM %18.6119.34 -PBDT29.9546.44 -36 PBT24.3741.72 -42 NP15.8227.09 -42

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First Published: Jul 30 2020 | 1:42 PM IST

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