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Prakash Industries standalone net profit declines 76.71% in the June 2019 quarter

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Capital Market

Sales decline 7.77% to Rs 825.42 crore

Net profit of Prakash Industries declined 76.71% to Rs 37.00 crore in the quarter ended June 2019 as against Rs 158.90 crore during the previous quarter ended June 2018. Sales declined 7.77% to Rs 825.42 crore in the quarter ended June 2019 as against Rs 894.94 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales825.42894.94 -8 OPM %11.3725.69 -PBDT70.88209.97 -66 PBT37.00177.31 -79 NP37.00158.90 -77

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First Published: Aug 10 2019 | 11:54 AM IST

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