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Maharashtra Scooters standalone net profit declines 59.82% in the December 2019 quarter

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Capital Market

Sales rise 50.32% to Rs 4.66 crore

Net profit of Maharashtra Scooters declined 59.82% to Rs 2.21 crore in the quarter ended December 2019 as against Rs 5.50 crore during the previous quarter ended December 2018. Sales rose 50.32% to Rs 4.66 crore in the quarter ended December 2019 as against Rs 3.10 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales4.663.10 50 OPM %-28.54-50.97 -PBDT2.895.96 -52 PBT2.435.54 -56 NP2.215.50 -60

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First Published: Jan 28 2020 | 2:31 PM IST

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