IP Rings standalone net profit rises 1062.50% in the September 2020 quarter

Sales decline 11.17% to Rs 45.82 crore

Net profit of IP Rings rose 1062.50% to Rs 1.86 crore in the quarter ended September 2020 as against Rs 0.16 crore during the previous quarter ended September 2019. Sales declined 11.17% to Rs 45.82 crore in the quarter ended September 2020 as against Rs 51.58 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales45.8251.58 -11 OPM %14.328.88 -PBDT5.682.99 90 PBT2.590.11 2255 NP1.860.16 1063

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