Greaves Cotton consolidated net profit declines 11.72% in the September 2019 quarter

Sales rise 3.50% to Rs 512.42 crore

Net profit of Greaves Cotton declined 11.72% to Rs 43.63 crore in the quarter ended September 2019 as against Rs 49.42 crore during the previous quarter ended September 2018. Sales rose 3.50% to Rs 512.42 crore in the quarter ended September 2019 as against Rs 495.08 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales512.42495.08 4 OPM %10.7414.81 -PBDT60.3484.72 -29 PBT44.2272.16 -39 NP43.6349.42 -12

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