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GHCL standalone net profit declines 83.61% in the June 2020 quarter

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Capital Market

Sales decline 50.22% to Rs 436.05 crore

Net profit of GHCL declined 83.61% to Rs 16.96 crore in the quarter ended June 2020 as against Rs 103.45 crore during the previous quarter ended June 2019. Sales declined 50.22% to Rs 436.05 crore in the quarter ended June 2020 as against Rs 875.87 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales436.05875.87 -50 OPM %18.3724.94 -PBDT55.96192.04 -71 PBT23.07160.68 -86 NP16.96103.45 -84

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First Published: Jul 24 2020 | 1:55 PM IST

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