Magna Eletrocasting standalone net profit declines 51.32% in the December 2019 quarter

Sales decline 33.33% to Rs 20.82 crore

Net profit of Magna Eletrocasting declined 51.32% to Rs 1.48 crore in the quarter ended December 2019 as against Rs 3.04 crore during the previous quarter ended December 2018. Sales declined 33.33% to Rs 20.82 crore in the quarter ended December 2019 as against Rs 31.23 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales20.8231.23 -33 OPM %9.3215.56 -PBDT2.595.28 -51 PBT1.483.94 -62 NP1.483.04 -51

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