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Minda Industries consolidated net profit declines 32.01% in the September 2019 quarter

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Capital Market

Sales decline 10.66% to Rs 1359.58 crore

Net profit of Minda Industries declined 32.01% to Rs 49.44 crore in the quarter ended September 2019 as against Rs 72.72 crore during the previous quarter ended September 2018. Sales declined 10.66% to Rs 1359.58 crore in the quarter ended September 2019 as against Rs 1521.72 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales1359.581521.72 -11 OPM %11.8912.44 -PBDT142.85179.05 -20 PBT68.90122.96 -44 NP49.4472.72 -32

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First Published: Nov 15 2019 | 2:58 PM IST

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