India Nippon Electricals standalone net profit declines 39.75% in the December 2019 quarter

Sales decline 10.58% to Rs 116.35 crore

Net profit of India Nippon Electricals declined 39.75% to Rs 8.85 crore in the quarter ended December 2019 as against Rs 14.69 crore during the previous quarter ended December 2018. Sales declined 10.58% to Rs 116.35 crore in the quarter ended December 2019 as against Rs 130.12 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales116.35130.12 -11 OPM %11.6513.06 -PBDT14.5421.86 -33 PBT12.1819.89 -39 NP8.8514.69 -40

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