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Valecha Engineering reports consolidated net profit of Rs 130.98 crore in the September 2020 quarter

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Capital Market

Sales decline 40.15% to Rs 34.85 crore

Net profit of Valecha Engineering reported to Rs 130.98 crore in the quarter ended September 2020 as against net loss of Rs 18.44 crore during the previous quarter ended September 2019. Sales declined 40.15% to Rs 34.85 crore in the quarter ended September 2020 as against Rs 58.23 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales34.8558.23 -40 OPM %15.847.78 -PBDT-18.93-15.47 -22 PBT-22.36-24.81 10 NP130.98-18.44 LP

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First Published: Nov 13 2020 | 2:32 PM IST

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