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Nikhil Adhesives standalone net profit rises 163.22% in the September 2019 quarter

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Capital Market

Sales decline 10.45% to Rs 100.42 crore

Net profit of Nikhil Adhesives rose 163.22% to Rs 2.29 crore in the quarter ended September 2019 as against Rs 0.87 crore during the previous quarter ended September 2018. Sales declined 10.45% to Rs 100.42 crore in the quarter ended September 2019 as against Rs 112.14 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales100.42112.14 -10 OPM %4.872.80 -PBDT3.061.69 81 PBT2.451.23 99 NP2.290.87 163

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First Published: Nov 19 2019 | 9:59 AM IST

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