Atlas Cycles (Haryana) reports consolidated net profit of Rs 1.67 crore in the December 2019 quarter

Capital Market 

Sales decline 78.81% to Rs 28.61 crore

Net profit of Atlas Cycles (Haryana) reported to Rs 1.67 crore in the quarter ended December 2019 as against net loss of Rs 10.89 crore during the previous quarter ended December 2018. Sales declined 78.81% to Rs 28.61 crore in the quarter ended December 2019 as against Rs 135.03 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales28.61135.03 -79 OPM %-61.13-10.23 -PBDT3.56-14.80 LP PBT2.49-15.85 LP NP1.67-10.89 LP

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First Published: Fri, February 14 2020. 14:27 IST