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The Hi-Tech Gears standalone net profit declines 62.75% in the December 2021 quarter

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Capital Market

Sales decline 4.68% to Rs 143.51 crore

Net profit of The Hi-Tech Gears declined 62.75% to Rs 5.67 crore in the quarter ended December 2021 as against Rs 15.22 crore during the previous quarter ended December 2020. Sales declined 4.68% to Rs 143.51 crore in the quarter ended December 2021 as against Rs 150.55 crore during the previous quarter ended December 2020. ParticularsQuarter EndedDec. 2021Dec. 2020% Var.Sales143.51150.55 -5 OPM %13.2518.91 -PBDT15.9826.63 -40 PBT7.9219.79 -60 NP5.6715.22 -63

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First Published: Feb 09 2022 | 2:56 PM IST

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