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Precision Electronics standalone net profit declines 95.12% in the June 2020 quarter

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Capital Market

Sales decline 57.74% to Rs 4.86 crore

Net profit of Precision Electronics declined 95.12% to Rs 0.02 crore in the quarter ended June 2020 as against Rs 0.41 crore during the previous quarter ended June 2019. Sales declined 57.74% to Rs 4.86 crore in the quarter ended June 2020 as against Rs 11.50 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales4.8611.50 -58 OPM %14.8111.74 -PBDT0.230.75 -69 PBT0.030.55 -95 NP0.020.41 -95

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First Published: Aug 13 2020 | 2:55 PM IST

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