Stovec Industries standalone net profit declines 85.78% in the September 2022 quarter

14 Nov 2022 , 05:29 PM

Net profit of Stovec Industries declined 85.78% to Rs 0.88 crore in the quarter ended September 2022 as against Rs 6.19 crore during the previous quarter ended September 2021. Sales declined 26.77% to Rs 44.61 crore in the quarter ended September 2022 as against Rs 60.92 crore during the previous quarter ended September 2021.

Particulars	Quarter Ended
?	Sep. 2022	Sep. 2021	% Var.
Sales	44.61	60.92	-27
OPM %	2.60	13.76	–
PBDT	2.00	9.32	-79
PBT	0.51	8.03	-94
NP	0.88	6.19	-86

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