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Welcast Steels standalone net profit declines 81.97% in the September 2019 quarter

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Capital Market

Sales decline 46.94% to Rs 38.89 crore

Net profit of Welcast Steels declined 81.97% to Rs 0.11 crore in the quarter ended September 2019 as against Rs 0.61 crore during the previous quarter ended September 2018. Sales declined 46.94% to Rs 38.89 crore in the quarter ended September 2019 as against Rs 73.30 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales38.8973.30 -47 OPM %1.651.00 -PBDT0.510.76 -33 PBT0.090.59 -85 NP0.110.61 -82

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First Published: Nov 13 2019 | 9:14 AM IST

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