Greaves Cotton standalone net profit declines 46.88% in the December 2020 quarter

Sales decline 11.71% to Rs 436.75 crore

Net profit of Greaves Cotton declined 46.88% to Rs 28.71 crore in the quarter ended December 2020 as against Rs 54.05 crore during the previous quarter ended December 2019. Sales declined 11.71% to Rs 436.75 crore in the quarter ended December 2020 as against Rs 494.67 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales436.75494.67 -12 OPM %12.3215.60 -PBDT55.3778.78 -30 PBT43.1767.62 -36 NP28.7154.05 -47

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