Greaves Cotton consolidated net profit declines 57.30% in the December 2020 quarter

Sales decline 4.94% to Rs 494.57 crore

Net profit of Greaves Cotton declined 57.30% to Rs 20.92 crore in the quarter ended December 2020 as against Rs 48.99 crore during the previous quarter ended December 2019. Sales declined 4.94% to Rs 494.57 crore in the quarter ended December 2020 as against Rs 520.26 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales494.57520.26 -5 OPM %9.9314.07 -PBDT49.9374.79 -33 PBT34.7861.81 -44 NP20.9248.99 -57

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