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Kirloskar Brothers standalone net profit declines 29.52% in the December 2020 quarter

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Capital Market

Sales decline 18.29% to Rs 464.30 crore

Net profit of Kirloskar Brothers declined 29.52% to Rs 23.40 crore in the quarter ended December 2020 as against Rs 33.20 crore during the previous quarter ended December 2019. Sales declined 18.29% to Rs 464.30 crore in the quarter ended December 2020 as against Rs 568.20 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales464.30568.20 -18 OPM %8.6210.31 -PBDT41.7054.60 -24 PBT32.4044.50 -27 NP23.4033.20 -30

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First Published: Feb 12 2021 | 9:07 AM IST

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