Shanthi Gears standalone net profit declines 20.69% in the September 2020 quarter

Sales decline 24.27% to Rs 53.70 crore

Net profit of Shanthi Gears declined 20.69% to Rs 6.63 crore in the quarter ended September 2020 as against Rs 8.36 crore during the previous quarter ended September 2019. Sales declined 24.27% to Rs 53.70 crore in the quarter ended September 2020 as against Rs 70.91 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales53.7070.91 -24 OPM %15.9817.13 -PBDT10.3014.03 -27 PBT8.1811.89 -31 NP6.638.36 -21

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