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Minda Industries standalone net profit declines 25.51% in the September 2019 quarter

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Capital Market

Sales decline 9.38% to Rs 488.58 crore

Net profit of Minda Industries declined 25.51% to Rs 34.22 crore in the quarter ended September 2019 as against Rs 45.94 crore during the previous quarter ended September 2018. Sales declined 9.38% to Rs 488.58 crore in the quarter ended September 2019 as against Rs 539.18 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales488.58539.18 -9 OPM %9.8310.70 -PBDT63.9071.53 -11 PBT41.9858.10 -28 NP34.2245.94 -26

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First Published: Nov 15 2019 | 12:48 PM IST

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