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M M Forgings standalone net profit declines 12.22% in the June 2019 quarter

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Capital Market

Sales rise 5.93% to Rs 207.80 crore

Net profit of M M Forgings declined 12.22% to Rs 16.30 crore in the quarter ended June 2019 as against Rs 18.57 crore during the previous quarter ended June 2018. Sales rose 5.93% to Rs 207.80 crore in the quarter ended June 2019 as against Rs 196.16 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales207.80196.16 6 OPM %19.4620.50 -PBDT34.2738.57 -11 PBT20.2724.82 -18 NP16.3018.57 -12

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First Published: Aug 03 2019 | 12:28 PM IST

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