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TVS Srichakra consolidated net profit declines 31.00% in the September 2019 quarter

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Capital Market

Sales decline 13.69% to Rs 557.24 crore

Net profit of TVS Srichakra declined 31.00% to Rs 19.59 crore in the quarter ended September 2019 as against Rs 28.39 crore during the previous quarter ended September 2018. Sales declined 13.69% to Rs 557.24 crore in the quarter ended September 2019 as against Rs 645.63 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales557.24645.63 -14 OPM %10.8810.36 -PBDT53.5863.51 -16 PBT30.3942.84 -29 NP19.5928.39 -31

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First Published: Nov 13 2019 | 5:20 PM IST

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