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Stovec Industries standalone net profit rises 68.25% in the September 2019 quarter

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Capital Market

Sales rise 19.76% to Rs 54.79 crore

Net profit of Stovec Industries rose 68.25% to Rs 9.91 crore in the quarter ended September 2019 as against Rs 5.89 crore during the previous quarter ended September 2018. Sales rose 19.76% to Rs 54.79 crore in the quarter ended September 2019 as against Rs 45.75 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales54.7945.75 20 OPM %23.2017.57 -PBDT13.619.92 37 PBT12.518.84 42 NP9.915.89 68

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First Published: Nov 06 2019 | 12:32 PM IST

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