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Kavit Industries standalone net profit rises 450.00% in the December 2019 quarter

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Capital Market

Sales decline 11.86% to Rs 17.17 crore

Net profit of Kavit Industries rose 450.00% to Rs 1.21 crore in the quarter ended December 2019 as against Rs 0.22 crore during the previous quarter ended December 2018. Sales declined 11.86% to Rs 17.17 crore in the quarter ended December 2019 as against Rs 19.48 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales17.1719.48 -12 OPM %-40.77-0.41 -PBDT1.810.39 364 PBT1.730.35 394 NP1.210.22 450

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First Published: Feb 14 2020 | 10:29 AM IST

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