Nitin Castings standalone net profit rises 55.84% in the September 2020 quarter

Sales decline 25.15% to Rs 13.36 crore

Net profit of Nitin Castings rose 55.84% to Rs 1.20 crore in the quarter ended September 2020 as against Rs 0.77 crore during the previous quarter ended September 2019. Sales declined 25.15% to Rs 13.36 crore in the quarter ended September 2020 as against Rs 17.85 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales13.3617.85 -25 OPM %12.8712.16 -PBDT1.892.03 -7 PBT1.330.90 48 NP1.200.77 56

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