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TVS Electronics standalone net profit declines 82.82% in the September 2020 quarter

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Capital Market

Sales decline 16.19% to Rs 60.45 crore

Net profit of TVS Electronics declined 82.82% to Rs 0.56 crore in the quarter ended September 2020 as against Rs 3.26 crore during the previous quarter ended September 2019. Sales declined 16.19% to Rs 60.45 crore in the quarter ended September 2020 as against Rs 72.13 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales60.4572.13 -16 OPM %3.376.53 -PBDT2.635.71 -54 PBT0.703.62 -81 NP0.563.26 -83

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First Published: Nov 09 2020 | 8:13 AM IST

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