Surat Textile Mills standalone net profit declines 19.01% in the September 2019 quarter

Sales decline 17.37% to Rs 52.79 crore

Net profit of Surat Textile Mills declined 19.01% to Rs 2.77 crore in the quarter ended September 2019 as against Rs 3.42 crore during the previous quarter ended September 2018. Sales declined 17.37% to Rs 52.79 crore in the quarter ended September 2019 as against Rs 63.89 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales52.7963.89 -17 OPM %5.136.67 -PBDT3.904.76 -18 PBT3.824.69 -19 NP2.773.42 -19

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