Patel Engineering standalone net profit declines 31.38% in the December 2019 quarter

Sales rise 36.50% to Rs 660.78 crore

Net profit of Patel Engineering declined 31.38% to Rs 19.72 crore in the quarter ended December 2019 as against Rs 28.74 crore during the previous quarter ended December 2018. Sales rose 36.50% to Rs 660.78 crore in the quarter ended December 2019 as against Rs 484.10 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales660.78484.10 36 OPM %10.0315.35 -PBDT61.0546.71 31 PBT45.8037.17 23 NP19.7228.74 -31

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