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Riba Textiles standalone net profit rises 49.02% in the June 2020 quarter

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Capital Market

Sales decline 42.69% to Rs 19.09 crore

Net profit of Riba Textiles rose 49.02% to Rs 1.52 crore in the quarter ended June 2020 as against Rs 1.02 crore during the previous quarter ended June 2019. Sales declined 42.69% to Rs 19.09 crore in the quarter ended June 2020 as against Rs 33.31 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales19.0933.31 -43 OPM %18.81-1.23 -PBDT2.742.28 20 PBT1.691.42 19 NP1.521.02 49

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First Published: Sep 01 2020 | 9:21 AM IST

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