Setco Automotive reports consolidated net loss of Rs 16.79 crore in the December 2019 quarter

Capital Market 

Sales decline 42.31% to Rs 101.19 crore

Net loss of Setco Automotive reported to Rs 16.79 crore in the quarter ended December 2019 as against net profit of Rs 2.45 crore during the previous quarter ended December 2018. Sales declined 42.31% to Rs 101.19 crore in the quarter ended December 2019 as against Rs 175.41 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales101.19175.41 -42 OPM %1.3914.65 -PBDT-11.8311.29 PL PBT-19.952.89 PL NP-16.792.45 PL

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First Published: Thu, February 13 2020. 08:22 IST