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Kavit Industries consolidated net profit declines 83.33% in the June 2020 quarter

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Capital Market

Sales decline 95.46% to Rs 3.44 crore

Net profit of Kavit Industries declined 83.33% to Rs 0.17 crore in the quarter ended June 2020 as against Rs 1.02 crore during the previous quarter ended June 2019. Sales declined 95.46% to Rs 3.44 crore in the quarter ended June 2020 as against Rs 75.76 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales3.4475.76 -95 OPM %-6.98-0.70 -PBDT0.291.36 -79 PBT0.231.17 -80 NP0.171.02 -83

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First Published: Sep 14 2020 | 8:19 AM IST

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