M M Forgings standalone net profit declines 47.24% in the September 2020 quarter

Sales decline 18.46% to Rs 140.24 crore

Net profit of M M Forgings declined 47.24% to Rs 6.41 crore in the quarter ended September 2020 as against Rs 12.15 crore during the previous quarter ended September 2019. Sales declined 18.46% to Rs 140.24 crore in the quarter ended September 2020 as against Rs 171.99 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales140.24171.99 -18 OPM %17.8618.93 -PBDT21.1627.77 -24 PBT8.1614.77 -45 NP6.4112.15 -47

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