Precision Wires India standalone net profit declines 14.38% in the December 2019 quarter

Capital Market 

Sales decline 19.35% to Rs 353.49 crore

Net profit of Precision Wires India declined 14.38% to Rs 8.22 crore in the quarter ended December 2019 as against Rs 9.60 crore during the previous quarter ended December 2018. Sales declined 19.35% to Rs 353.49 crore in the quarter ended December 2019 as against Rs 438.31 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales353.49438.31 -19 OPM %5.285.12 -PBDT15.0118.10 -17 PBT11.0014.97 -27 NP8.229.60 -14

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First Published: Mon, February 10 2020. 14:39 IST