NRB Industrial Bearings reports consolidated net loss of Rs 4.29 crore in the December 2019 quarter

Capital Market 

Sales decline 16.41% to Rs 11.46 crore

Net Loss of NRB Industrial Bearings reported to Rs 4.29 crore in the quarter ended December 2019 as against net loss of Rs 3.07 crore during the previous quarter ended December 2018. Sales declined 16.41% to Rs 11.46 crore in the quarter ended December 2019 as against Rs 13.71 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales11.4613.71 -16 OPM %-9.421.82 -PBDT-1.94-0.77 -152 PBT-4.15-3.01 -38 NP-4.29-3.07 -40

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First Published: Wed, February 05 2020. 12:41 IST