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Nitin Castings standalone net profit rises 118.37% in the December 2020 quarter

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Capital Market

Sales rise 28.81% to Rs 20.21 crore

Net profit of Nitin Castings rose 118.37% to Rs 1.07 crore in the quarter ended December 2020 as against Rs 0.49 crore during the previous quarter ended December 2019. Sales rose 28.81% to Rs 20.21 crore in the quarter ended December 2020 as against Rs 15.69 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales20.2115.69 29 OPM %7.6711.79 -PBDT1.821.74 5 PBT1.280.61 110 NP1.070.49 118

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First Published: Feb 12 2021 | 5:33 PM IST

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