Results 12-Nov-20
Announcements
M M Forgings consolidated net profit declines 55.54% in the September 2020 quarter
Sales decline 15.45% to Rs 153.44 crore
Net profit of M M Forgings declined 55.54% to Rs 5.42 crore in the quarter ended September 2020 as against Rs 12.19 crore during the previous quarter ended September 2019. Sales declined 15.45% to Rs 153.44 crore in the quarter ended September 2020 as against Rs 181.47 crore during the previous quarter ended September 2019.
Particulars
Quarter Ended
Sep. 2020
Sep. 2019
% Var.
Sales
153.44
181.47
-15
OPM %
17.41
18.84
-
PBDT
21.81
28.30
-23
PBT
7.17
14.60
-51
NP
5.42
12.19
-56
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