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Gujarat Raffia Industries standalone net profit declines 36.84% in the December 2019 quarter

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Capital Market

Sales decline 22.95% to Rs 9.50 crore

Net profit of Gujarat Raffia Industries declined 36.84% to Rs 0.12 crore in the quarter ended December 2019 as against Rs 0.19 crore during the previous quarter ended December 2018. Sales declined 22.95% to Rs 9.50 crore in the quarter ended December 2019 as against Rs 12.33 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales9.5012.33 -23 OPM %5.164.87 -PBDT0.450.45 0 PBT0.160.24 -33 NP0.120.19 -37

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First Published: Feb 12 2020 | 8:21 AM IST

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