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Wheels India consolidated net profit declines 35.72% in the December 2019 quarter

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Capital Market

Sales decline 24.99% to Rs 642.01 crore

Net profit of Wheels India declined 35.72% to Rs 8.69 crore in the quarter ended December 2019 as against Rs 13.52 crore during the previous quarter ended December 2018. Sales declined 24.99% to Rs 642.01 crore in the quarter ended December 2019 as against Rs 855.94 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales642.01855.94 -25 OPM %6.676.56 -PBDT29.4839.23 -25 PBT10.6619.51 -45 NP8.6913.52 -36

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First Published: Feb 13 2020 | 5:00 PM IST

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