Commercial Syn Bags standalone net profit declines 8.85% in the December 2019 quarter

Capital Market 

Sales decline 8.61% to Rs 49.33 crore

Net profit of Commercial Syn Bags declined 8.85% to Rs 3.50 crore in the quarter ended December 2019 as against Rs 3.84 crore during the previous quarter ended December 2018. Sales declined 8.61% to Rs 49.33 crore in the quarter ended December 2019 as against Rs 53.98 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales49.3353.98 -9 OPM %13.2213.17 -PBDT5.725.85 -2 PBT3.984.46 -11 NP3.503.84 -9

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First Published: Mon, February 03 2020. 11:41 IST