CARE Ratings consolidated net profit declines 29.06% in the June 2020 quarter

Capital Market 

Sales decline 25.12% to Rs 37.38 crore

Net profit of CARE Ratings declined 29.06% to Rs 9.35 crore in the quarter ended June 2020 as against Rs 13.18 crore during the previous quarter ended June 2019. Sales declined 25.12% to Rs 37.38 crore in the quarter ended June 2020 as against Rs 49.92 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales37.3849.92 -25 OPM %13.5124.26 -PBDT12.5519.69 -36 PBT12.3417.84 -31 NP9.3513.18 -29

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First Published: Tue, August 11 2020. 09:05 IST