Usha Martin consolidated net profit rises 3148.39% in the June 2019 quarter

Capital Market 

Sales decline 6.88% to Rs 559.73 crore

Net profit of Usha Martin rose 3148.39% to Rs 382.66 crore in the quarter ended June 2019 as against Rs 11.78 crore during the previous quarter ended June 2018. Sales declined 6.88% to Rs 559.73 crore in the quarter ended June 2019 as against Rs 601.06 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales559.73601.06 -7 OPM %9.517.40 -PBDT557.0927.33 1938 PBT541.9212.17 4353 NP382.6611.78 3148

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First Published: Mon, July 29 2019. 10:13 IST