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Orient Abrasives standalone net profit declines 8.73% in the December 2019 quarter

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Capital Market

Sales rise 2.58% to Rs 86.63 crore

Net profit of Orient Abrasives declined 8.73% to Rs 4.60 crore in the quarter ended December 2019 as against Rs 5.04 crore during the previous quarter ended December 2018. Sales rose 2.58% to Rs 86.63 crore in the quarter ended December 2019 as against Rs 84.45 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales86.6384.45 3 OPM %13.7713.00 -PBDT10.009.01 11 PBT7.546.30 20 NP4.605.04 -9

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First Published: Feb 04 2020 | 11:09 AM IST

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