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Kirloskar Ferrous Industries standalone net profit declines 32.28% in the December 2019 quarter

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Capital Market

Sales decline 21.85% to Rs 455.25 crore

Net profit of Kirloskar Ferrous Industries declined 32.28% to Rs 23.33 crore in the quarter ended December 2019 as against Rs 34.45 crore during the previous quarter ended December 2018. Sales declined 21.85% to Rs 455.25 crore in the quarter ended December 2019 as against Rs 582.52 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales455.25582.52 -22 OPM %11.5812.10 -PBDT49.1366.29 -26 PBT34.3652.28 -34 NP23.3334.45 -32

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First Published: Jan 24 2020 | 4:17 PM IST

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