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Rico Auto Industries standalone net profit declines 49.47% in the December 2020 quarter

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Capital Market

Sales rise 31.06% to Rs 388.36 crore

Net profit of Rico Auto Industries declined 49.47% to Rs 3.82 crore in the quarter ended December 2020 as against Rs 7.56 crore during the previous quarter ended December 2019. Sales rose 31.06% to Rs 388.36 crore in the quarter ended December 2020 as against Rs 296.33 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales388.36296.33 31 OPM %7.806.91 -PBDT24.7321.33 16 PBT6.175.65 9 NP3.827.56 -49

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First Published: Feb 12 2021 | 5:31 PM IST

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