Pitti Engineering standalone net profit declines 20.24% in the December 2019 quarter

Sales decline 28.71% to Rs 117.92 crore

Net profit of Pitti Engineering declined 20.24% to Rs 4.06 crore in the quarter ended December 2019 as against Rs 5.09 crore during the previous quarter ended December 2018. Sales declined 28.71% to Rs 117.92 crore in the quarter ended December 2019 as against Rs 165.42 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales117.92165.42 -29 OPM %15.1713.49 -PBDT12.4114.59 -15 PBT5.549.07 -39 NP4.065.09 -20

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