Magna Eletrocasting standalone net profit declines 49.66% in the December 2020 quarter

Sales rise 27.47% to Rs 26.54 crore

Net profit of Magna Eletrocasting declined 49.66% to Rs 0.75 crore in the quarter ended December 2020 as against Rs 1.49 crore during the previous quarter ended December 2019. Sales rose 27.47% to Rs 26.54 crore in the quarter ended December 2020 as against Rs 20.82 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales26.5420.82 27 OPM %8.709.37 -PBDT2.882.60 11 PBT1.751.49 17 NP0.751.49 -50

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