Kavit Industries consolidated net profit rises 129.63% in the December 2019 quarter

Capital Market 

Sales decline 42.01% to Rs 17.20 crore

Net profit of Kavit Industries rose 129.63% to Rs 1.24 crore in the quarter ended December 2019 as against Rs 0.54 crore during the previous quarter ended December 2018. Sales declined 42.01% to Rs 17.20 crore in the quarter ended December 2019 as against Rs 29.66 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales17.2029.66 -42 OPM %-41.10-1.25 -PBDT1.821.21 50 PBT1.741.08 61 NP1.240.54 130

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First Published: Mon, February 24 2020. 08:59 IST