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Mahalaxmi Rubtech standalone net profit rises 90.78% in the September 2020 quarter

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Capital Market

Sales decline 32.22% to Rs 31.81 crore

Net profit of Mahalaxmi Rubtech rose 90.78% to Rs 2.69 crore in the quarter ended September 2020 as against Rs 1.41 crore during the previous quarter ended September 2019. Sales declined 32.22% to Rs 31.81 crore in the quarter ended September 2020 as against Rs 46.93 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales31.8146.93 -32 OPM %18.269.61 -PBDT5.674.14 37 PBT3.371.98 70 NP2.691.41 91

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First Published: Nov 11 2020 | 12:56 PM IST

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