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Kennametal India standalone net profit declines 37.96% in the March 2020 quarter

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Capital Market

Sales decline 29.03% to Rs 166.50 crore

Net profit of Kennametal India declined 37.96% to Rs 8.50 crore in the quarter ended March 2020 as against Rs 13.70 crore during the previous quarter ended March 2019. Sales declined 29.03% to Rs 166.50 crore in the quarter ended March 2020 as against Rs 234.60 crore during the previous quarter ended March 2019. ParticularsQuarter EndedMar. 2020Mar. 2019% Var.Sales166.50234.60 -29 OPM %10.9911.68 -PBDT21.4031.60 -32 PBT12.5024.60 -49 NP8.5013.70 -38

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First Published: May 13 2020 | 5:55 PM IST

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