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Maithan Alloys standalone net profit declines 36.37% in the September 2019 quarter

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Capital Market

Sales decline 7.30% to Rs 469.70 crore

Net profit of Maithan Alloys declined 36.37% to Rs 41.86 crore in the quarter ended September 2019 as against Rs 65.79 crore during the previous quarter ended September 2018. Sales declined 7.30% to Rs 469.70 crore in the quarter ended September 2019 as against Rs 506.70 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales469.70506.70 -7 OPM %11.2216.29 -PBDT57.1587.51 -35 PBT53.2383.58 -36 NP41.8665.79 -36

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First Published: Oct 31 2019 | 5:36 PM IST

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