TVS Srichakra consolidated net profit declines 44.91% in the December 2019 quarter

Capital Market 

Sales decline 15.35% to Rs 509.44 crore

Net profit of TVS Srichakra declined 44.91% to Rs 12.78 crore in the quarter ended December 2019 as against Rs 23.20 crore during the previous quarter ended December 2018. Sales declined 15.35% to Rs 509.44 crore in the quarter ended December 2019 as against Rs 601.83 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales509.44601.83 -15 OPM %9.4210.19 -PBDT43.3550.85 -15 PBT20.0629.30 -32 NP12.7823.20 -45

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First Published: Tue, February 11 2020. 16:23 IST