Pioneer Investcorp reports consolidated net profit of Rs 0.40 crore in the December 2019 quarter

Capital Market 

Sales decline 28.03% to Rs 9.45 crore

Net profit of Pioneer Investcorp reported to Rs 0.40 crore in the quarter ended December 2019 as against net loss of Rs 1.54 crore during the previous quarter ended December 2018. Sales declined 28.03% to Rs 9.45 crore in the quarter ended December 2019 as against Rs 13.13 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales9.4513.13 -28 OPM %32.5915.08 -PBDT1.00-1.06 LP PBT0.74-1.36 LP NP0.40-1.54 LP

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First Published: Fri, February 14 2020. 15:58 IST