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Orient Abrasives standalone net profit declines 61.46% in the September 2020 quarter

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Capital Market

Sales decline 17.30% to Rs 67.41 crore

Net profit of Orient Abrasives declined 61.46% to Rs 2.32 crore in the quarter ended September 2020 as against Rs 6.02 crore during the previous quarter ended September 2019. Sales declined 17.30% to Rs 67.41 crore in the quarter ended September 2020 as against Rs 81.51 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales67.4181.51 -17 OPM %10.5513.97 -PBDT5.869.66 -39 PBT3.047.07 -57 NP2.326.02 -61

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First Published: Nov 04 2020 | 8:08 AM IST

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