IP Rings standalone net profit declines 10.76% in the June 2019 quarter

Sales rise 7.32% to Rs 54.55 crore

Jul 25, 2019 11:07 IST capital market

Net profit of IP Rings declined 10.76% to Rs 1.99 crore in the quarter ended June 2019 as against Rs 2.23 crore during the previous quarter ended June 2018. Sales rose 7.32% to Rs 54.55 crore in the quarter ended June 2019 as against Rs 50.83 crore during the previous quarter ended June 2018.

ParticularsQuarter Ended
 Jun. 2019Jun. 2018% Var.
Sales54.5550.83 7
OPM %13.1313.93 -
PBDT5.355.31 1
PBT2.713.03 -11
NP1.992.23 -11

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