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Madhav Infra Projects standalone net profit rises 540.63% in the December 2019 quarter

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Capital Market

Sales decline 47.80% to Rs 45.94 crore

Net profit of Madhav Infra Projects rose 540.63% to Rs 2.05 crore in the quarter ended December 2019 as against Rs 0.32 crore during the previous quarter ended December 2018. Sales declined 47.80% to Rs 45.94 crore in the quarter ended December 2019 as against Rs 88.00 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales45.9488.00 -48 OPM %34.6517.95 -PBDT8.237.32 12 PBT2.430.37 557 NP2.050.32 541

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First Published: Feb 17 2020 | 8:18 AM IST

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