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Tips Industries standalone net profit rises 157.85% in the September 2020 quarter

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Capital Market

Sales rise 40.17% to Rs 16.47 crore

Net profit of Tips Industries rose 157.85% to Rs 6.73 crore in the quarter ended September 2020 as against Rs 2.61 crore during the previous quarter ended September 2019. Sales rose 40.17% to Rs 16.47 crore in the quarter ended September 2020 as against Rs 11.75 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales16.4711.75 40 OPM %56.65-103.32 -PBDT9.743.47 181 PBT9.522.93 225 NP6.732.61 158

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First Published: Nov 10 2020 | 8:02 AM IST

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