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Munjal Showa standalone net profit declines 39.76% in the September 2019 quarter

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Capital Market

Sales decline 24.37% to Rs 352.16 crore

Net profit of Munjal Showa declined 39.76% to Rs 11.47 crore in the quarter ended September 2019 as against Rs 19.04 crore during the previous quarter ended September 2018. Sales declined 24.37% to Rs 352.16 crore in the quarter ended September 2019 as against Rs 465.65 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales352.16465.65 -24 OPM %3.816.43 -PBDT19.3633.87 -43 PBT14.3127.15 -47 NP11.4719.04 -40

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First Published: Nov 07 2019 | 9:31 AM IST

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