Industrial & Prudential Investment Company consolidated net profit declines 74.75% in the December 2019 quarter

Industrial & Prudential Investment Company consolidated net profit declines 74.75% in the December 2019 quarter

Capital Market 

Sales decline 10.37% to Rs 2.42 crore

Net profit of Industrial & Prudential Investment Company declined 74.75% to Rs 2.04 crore in the quarter ended December 2019 as against Rs 8.08 crore during the previous quarter ended December 2018. Sales declined 10.37% to Rs 2.42 crore in the quarter ended December 2019 as against Rs 2.70 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales2.422.70 -10 OPM %94.6396.67 -PBDT2.292.61 -12 PBT2.292.61 -12 NP2.048.08 -75

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First Published: Thu, February 13 2020. 12:55 IST