Jindal Drilling & Industries standalone net profit declines 56.39% in the June 2019 quarter

Jindal Drilling & Industries standalone net profit declines 56.39% in the June 2019 quarter

Capital Market 

Sales decline 40.59% to Rs 31.58 crore

Net profit of Jindal Drilling & Industries declined 56.39% to Rs 4.33 crore in the quarter ended June 2019 as against Rs 9.93 crore during the previous quarter ended June 2018. Sales declined 40.59% to Rs 31.58 crore in the quarter ended June 2019 as against Rs 53.16 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales31.5853.16 -41 OPM %10.923.72 -PBDT8.0417.65 -54 PBT6.0115.43 -61 NP4.339.93 -56

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First Published: Thu, August 08 2019. 10:54 IST