MSTC consolidated net profit declines 33.67% in the December 2019 quarter

Capital Market 

Sales decline 71.09% to Rs 285.00 crore

Net profit of MSTC declined 33.67% to Rs 33.90 crore in the quarter ended December 2019 as against Rs 51.11 crore during the previous quarter ended December 2018. Sales declined 71.09% to Rs 285.00 crore in the quarter ended December 2019 as against Rs 985.78 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales285.00985.78 -71 OPM %19.957.48 -PBDT59.8884.19 -29 PBT55.8579.89 -30 NP33.9051.11 -34

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First Published: Thu, February 13 2020. 11:51 IST