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Ramkrishna Forgings consolidated net profit declines 93.35% in the December 2019 quarter

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Capital Market

Sales decline 47.25% to Rs 285.59 crore

Net profit of Ramkrishna Forgings declined 93.35% to Rs 2.28 crore in the quarter ended December 2019 as against Rs 34.29 crore during the previous quarter ended December 2018. Sales declined 47.25% to Rs 285.59 crore in the quarter ended December 2019 as against Rs 541.44 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales285.59541.44 -47 OPM %17.2219.82 -PBDT31.7286.78 -63 PBT2.5353.83 -95 NP2.2834.29 -93

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First Published: Feb 12 2020 | 4:54 PM IST

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