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Nava Bharat Ventures consolidated net profit declines 57.74% in the December 2019 quarter

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Capital Market

Sales decline 33.62% to Rs 543.34 crore

Net profit of Nava Bharat Ventures declined 57.74% to Rs 44.03 crore in the quarter ended December 2019 as against Rs 104.20 crore during the previous quarter ended December 2018. Sales declined 33.62% to Rs 543.34 crore in the quarter ended December 2019 as against Rs 818.57 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales543.34818.57 -34 OPM %39.5345.70 -PBDT147.65311.28 -53 PBT71.74237.07 -70 NP44.03104.20 -58

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First Published: Jan 29 2020 | 3:30 PM IST

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