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Munjal Showa standalone net profit declines 59.51% in the December 2019 quarter

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Capital Market

Sales decline 22.37% to Rs 298.05 crore

Net profit of Munjal Showa declined 59.51% to Rs 4.96 crore in the quarter ended December 2019 as against Rs 12.25 crore during the previous quarter ended December 2018. Sales declined 22.37% to Rs 298.05 crore in the quarter ended December 2019 as against Rs 383.96 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales298.05383.96 -22 OPM %2.254.47 -PBDT11.7223.12 -49 PBT6.7916.70 -59 NP4.9612.25 -60

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First Published: Jan 29 2020 | 2:40 PM IST

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