Stovec Industries standalone net profit declines 57.25% in the March 2019 quarter

Capital Market 

Sales decline 13.80% to Rs 37.23 crore

Net profit of declined 57.25% to Rs 6.49 crore in the quarter ended March 2019 as against Rs 15.18 crore during the previous quarter ended March 2018. Sales declined 13.80% to Rs 37.23 crore in the quarter ended March 2019 as against Rs 43.19 crore during the previous quarter ended March 2018. ParticularsQuarter EndedMar. 2019Mar. 2018% Var.Sales37.2343.19 -14 OPM %21.7626.05 -PBDT10.4212.81 -19 PBT9.3110.94 -15 NP6.4915.18 -57

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First Published: Fri, May 10 2019. 15:40 IST