Veto Switchgears & Cables consolidated net profit rises 171.43% in the December 2019 quarter

Veto Switchgears & Cables consolidated net profit rises 171.43% in the December 2019 quarter

Capital Market 

Sales decline 31.24% to Rs 38.71 crore

Net profit of Veto Switchgears & Cables rose 171.43% to Rs 3.61 crore in the quarter ended December 2019 as against Rs 1.33 crore during the previous quarter ended December 2018. Sales declined 31.24% to Rs 38.71 crore in the quarter ended December 2019 as against Rs 56.30 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales38.7156.30 -31 OPM %15.945.83 -PBDT5.532.40 130 PBT5.132.05 150 NP3.611.33 171

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