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Sharda Motor Industries consolidated net profit declines 21.39% in the September 2019 quarter

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Sales decline 29.72% to Rs 210.01 crore

Net profit of Sharda Motor Industries declined 21.39% to Rs 18.60 crore in the quarter ended September 2019 as against Rs 23.66 crore during the previous quarter ended September 2018. Sales declined 29.72% to Rs 210.01 crore in the quarter ended September 2019 as against Rs 298.80 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales210.01298.80 -30 OPM %8.7712.63 -PBDT30.3241.14 -26 PBT19.6931.33 -37 NP18.6023.66 -21

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First Published: Nov 20 2019 | 2:02 PM IST

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