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Kennametal India standalone net profit declines 59.93% in the December 2019 quarter

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Capital Market

Sales decline 18.83% to Rs 189.70 crore

Net profit of Kennametal India declined 59.93% to Rs 12.30 crore in the quarter ended December 2019 as against Rs 30.70 crore during the previous quarter ended December 2018. Sales declined 18.83% to Rs 189.70 crore in the quarter ended December 2019 as against Rs 233.70 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales189.70233.70 -19 OPM %13.6016.56 -PBDT28.0041.50 -33 PBT19.7034.70 -43 NP12.3030.70 -60

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First Published: Feb 06 2020 | 11:45 AM IST

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