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Wheels India standalone net profit declines 35.48% in the June 2019 quarter

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Capital Market

Sales decline 4.60% to Rs 711.96 crore

Net profit of Wheels India declined 35.48% to Rs 11.62 crore in the quarter ended June 2019 as against Rs 18.01 crore during the previous quarter ended June 2018. Sales declined 4.60% to Rs 711.96 crore in the quarter ended June 2019 as against Rs 746.28 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales711.96746.28 -5 OPM %6.977.39 -PBDT34.5345.10 -23 PBT16.4127.30 -40 NP11.6218.01 -35

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First Published: Aug 12 2019 | 4:47 PM IST

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