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Mohindra Fasteners standalone net profit declines 23.58% in the December 2020 quarter

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Capital Market

Sales rise 13.96% to Rs 27.84 crore

Net profit of Mohindra Fasteners declined 23.58% to Rs 2.56 crore in the quarter ended December 2020 as against Rs 3.35 crore during the previous quarter ended December 2019. Sales rose 13.96% to Rs 27.84 crore in the quarter ended December 2020 as against Rs 24.43 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales27.8424.43 14 OPM %15.5516.58 -PBDT4.884.61 6 PBT3.973.73 6 NP2.563.35 -24

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First Published: Feb 11 2021 | 11:56 AM IST

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