Cochin Minerals & Rutile standalone net profit declines 5.58% in the December 2019 quarter

Cochin Minerals & Rutile standalone net profit declines 5.58% in the December 2019 quarter

Capital Market 

Sales decline 12.82% to Rs 64.20 crore

Net profit of Cochin Minerals & Rutile declined 5.58% to Rs 2.54 crore in the quarter ended December 2019 as against Rs 2.69 crore during the previous quarter ended December 2018. Sales declined 12.82% to Rs 64.20 crore in the quarter ended December 2019 as against Rs 73.64 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales64.2073.64 -13 OPM %8.447.77 -PBDT5.354.32 24 PBT5.224.02 30 NP2.542.69 -6

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First Published: Wed, February 05 2020. 13:54 IST