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Modern Threads (I) standalone net profit declines 51.33% in the December 2020 quarter

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Capital Market

Sales decline 6.43% to Rs 45.58 crore

Net profit of Modern Threads (I) declined 51.33% to Rs 3.12 crore in the quarter ended December 2020 as against Rs 6.41 crore during the previous quarter ended December 2019. Sales declined 6.43% to Rs 45.58 crore in the quarter ended December 2020 as against Rs 48.71 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales45.5848.71 -6 OPM %8.161.19 -PBDT3.857.07 -46 PBT3.126.41 -51 NP3.126.41 -51

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First Published: Mar 31 2021 | 8:05 AM IST

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