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Magna Eletrocasting standalone net profit declines 5.05% in the September 2020 quarter

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Capital Market

Sales decline 5.37% to Rs 25.21 crore

Net profit of Magna Eletrocasting declined 5.05% to Rs 2.63 crore in the quarter ended September 2020 as against Rs 2.77 crore during the previous quarter ended September 2019. Sales declined 5.37% to Rs 25.21 crore in the quarter ended September 2020 as against Rs 26.64 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales25.2126.64 -5 OPM %17.6115.28 -PBDT4.834.51 7 PBT3.633.62 0 NP2.632.77 -5

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First Published: Oct 30 2020 | 12:58 PM IST

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