Steel Exchange India standalone net profit declines 32.89% in the December 2019 quarter

Capital Market 

Sales decline 30.68% to Rs 201.48 crore

Net profit of Steel Exchange India declined 32.89% to Rs 13.06 crore in the quarter ended December 2019 as against Rs 19.46 crore during the previous quarter ended December 2018. Sales declined 30.68% to Rs 201.48 crore in the quarter ended December 2019 as against Rs 290.66 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales201.48290.66 -31 OPM %10.309.32 -PBDT19.8726.81 -26 PBT13.0619.46 -33 NP13.0619.46 -33

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First Published: Wed, February 12 2020. 16:56 IST