Business Standard

Shriram Pistons & Rings consolidated net profit declines 48.45% in the December 2019 quarter

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Capital Market

Sales decline 12.39% to Rs 386.28 crore

Net profit of Shriram Pistons & Rings declined 48.45% to Rs 12.47 crore in the quarter ended December 2019 as against Rs 24.19 crore during the previous quarter ended December 2018. Sales declined 12.39% to Rs 386.28 crore in the quarter ended December 2019 as against Rs 440.90 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales386.28440.90 -12 OPM %10.5513.78 -PBDT43.6362.11 -30 PBT17.2839.03 -56 NP12.4724.19 -48

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First Published: Jan 29 2020 | 2:02 PM IST

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