Industr

Sundaram-Clayton Q4 net profit falls 48.85%

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Sundaram-Clayton Ltd.’s standalone net profit for the fourth quarter ended March 2019 had declined by 48.85% to ₹50.27 crore from ₹98.27 crore in the corresponding quarter last year on lower revenue. Revenue from operations dipped 7.1% to ₹455.65 rore from ₹490.46 crore. Total income for FY19 rose by 9.41% to ₹1,932.94 crore. Net profit for FY19 increased by 118% to ₹119.66 crore.

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