Tips Industries standalone net profit rises 644.44% in the June 2019 quarter

Sales decline 75.47% to Rs 36.63 crore

Net profit of Tips Industries rose 644.44% to Rs 3.35 crore in the quarter ended June 2019 as against Rs 0.45 crore during the previous quarter ended June 2018. Sales declined 75.47% to Rs 36.63 crore in the quarter ended June 2019 as against Rs 149.33 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales36.63149.33 -75 OPM %12.07-0.66 -PBDT4.760.95 401 PBT4.220.62 581 NP3.350.45 644

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