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Kirloskar Ferrous Industries standalone net profit declines 51.40% in the September 2019 quarter

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Capital Market

Sales decline 14.08% to Rs 464.24 crore

Net profit of Kirloskar Ferrous Industries declined 51.40% to Rs 13.16 crore in the quarter ended September 2019 as against Rs 27.08 crore during the previous quarter ended September 2018. Sales declined 14.08% to Rs 464.24 crore in the quarter ended September 2019 as against Rs 540.33 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales464.24540.33 -14 OPM %9.0010.84 -PBDT38.2455.66 -31 PBT24.2442.56 -43 NP13.1627.08 -51

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First Published: Oct 19 2019 | 8:40 AM IST

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