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Riba Textiles standalone net profit declines 77.48% in the December 2020 quarter

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Capital Market

Sales rise 44.48% to Rs 52.78 crore

Net profit of Riba Textiles declined 77.48% to Rs 0.50 crore in the quarter ended December 2020 as against Rs 2.22 crore during the previous quarter ended December 2019. Sales rose 44.48% to Rs 52.78 crore in the quarter ended December 2020 as against Rs 36.53 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales52.7836.53 44 OPM %4.9312.10 -PBDT1.273.59 -65 PBT0.612.70 -77 NP0.502.22 -77

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First Published: Feb 13 2021 | 11:44 AM IST

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