Madras Fertilizers standalone net profit declines 75.42% in the December 2019 quarter

Capital Market 

Sales decline 19.15% to Rs 480.85 crore

Net profit of Madras Fertilizers declined 75.42% to Rs 1.90 crore in the quarter ended December 2019 as against Rs 7.73 crore during the previous quarter ended December 2018. Sales declined 19.15% to Rs 480.85 crore in the quarter ended December 2019 as against Rs 594.71 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales480.85594.71 -19 OPM %7.205.75 -PBDT7.4013.23 -44 PBT1.907.73 -75 NP1.907.73 -75

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First Published: Mon, February 10 2020. 08:23 IST