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Gujarat Apollo Industries standalone net profit rises 165.18% in the December 2019 quarter

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Capital Market

Sales decline 41.08% to Rs 4.92 crore

Net profit of Gujarat Apollo Industries rose 165.18% to Rs 2.97 crore in the quarter ended December 2019 as against Rs 1.12 crore during the previous quarter ended December 2018. Sales declined 41.08% to Rs 4.92 crore in the quarter ended December 2019 as against Rs 8.35 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales4.928.35 -41 OPM %-39.43-17.37 -PBDT3.711.45 156 PBT3.130.85 268 NP2.971.12 165

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First Published: Feb 15 2020 | 4:56 PM IST

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