Minda Industries consolidated net profit declines 35.50% in the December 2019 quarter

Sales decline 9.74% to Rs 1326.84 crore

Net profit of Minda Industries declined 35.50% to Rs 44.73 crore in the quarter ended December 2019 as against Rs 69.35 crore during the previous quarter ended December 2018. Sales declined 9.74% to Rs 1326.84 crore in the quarter ended December 2019 as against Rs 1470.09 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales1326.841470.09 -10 OPM %12.3112.27 -PBDT153.08168.61 -9 PBT78.02107.78 -28 NP44.7369.35 -36

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