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Shanthi Gears standalone net profit declines 38.11% in the December 2019 quarter

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Capital Market

Sales decline 5.67% to Rs 58.02 crore

Net profit of Shanthi Gears declined 38.11% to Rs 6.09 crore in the quarter ended December 2019 as against Rs 9.84 crore during the previous quarter ended December 2018. Sales declined 5.67% to Rs 58.02 crore in the quarter ended December 2019 as against Rs 61.51 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales58.0261.51 -6 OPM %14.1818.71 -PBDT9.8014.92 -34 PBT7.7012.35 -38 NP6.099.84 -38

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First Published: Jan 27 2020 | 4:42 PM IST

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