Results 12-Nov-20
Announcements
M M Forgings standalone net profit declines 47.24% in the September 2020 quarter
Sales decline 18.46% to Rs 140.24 crore
Net profit of M M Forgings declined 47.24% to Rs 6.41 crore in the quarter ended September 2020 as against Rs 12.15 crore during the previous quarter ended September 2019. Sales declined 18.46% to Rs 140.24 crore in the quarter ended September 2020 as against Rs 171.99 crore during the previous quarter ended September 2019.
Particulars
Quarter Ended
Sep. 2020
Sep. 2019
% Var.
Sales
140.24
171.99
-18
OPM %
17.86
18.93
-
PBDT
21.16
27.77
-24
PBT
8.16
14.77
-45
NP
6.41
12.15
-47
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