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M M Forgings consolidated net profit rises 35.58% in the December 2020 quarter

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Capital Market

Sales rise 19.72% to Rs 220.10 crore

Net profit of M M Forgings rose 35.58% to Rs 18.71 crore in the quarter ended December 2020 as against Rs 13.80 crore during the previous quarter ended December 2019. Sales rose 19.72% to Rs 220.10 crore in the quarter ended December 2020 as against Rs 183.85 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales220.10183.85 20 OPM %17.8118.48 -PBDT36.8530.87 19 PBT21.2117.17 24 NP18.7113.80 36

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First Published: Feb 09 2021 | 8:54 AM IST

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