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Majestic Auto consolidated net profit declines 87.30% in the December 2019 quarter

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Capital Market

Sales decline 52.68% to Rs 16.93 crore

Net profit of Majestic Auto declined 87.30% to Rs 2.42 crore in the quarter ended December 2019 as against Rs 19.06 crore during the previous quarter ended December 2018. Sales declined 52.68% to Rs 16.93 crore in the quarter ended December 2019 as against Rs 35.78 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales16.9335.78 -53 OPM %59.3070.40 -PBDT5.3520.90 -74 PBT3.0219.20 -84 NP2.4219.06 -87

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First Published: Feb 08 2020 | 11:57 AM IST

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