India Nippon Electricals consolidated net profit declines 40.68% in the December 2019 quarter

Capital Market 

Sales decline 10.58% to Rs 116.35 crore

Net profit of India Nippon Electricals declined 40.68% to Rs 8.40 crore in the quarter ended December 2019 as against Rs 14.16 crore during the previous quarter ended December 2018. Sales declined 10.58% to Rs 116.35 crore in the quarter ended December 2019 as against Rs 130.12 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales116.35130.12 -11 OPM %11.3312.75 -PBDT14.0921.32 -34 PBT11.7319.36 -39 NP8.4014.16 -41

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First Published: Tue, February 11 2020. 08:39 IST