Greaves Cotton Net Profit Declines 46.88% in December 2020 Quarter


Sales drop 11.71% to Rs 436.75 crore

Greaves Cotton’s net profit fell 46.88% to Rs 28.71 crore in the quarter ended December 2020 from Rs 54.05 crore in the previous quarter ended December 2019. Sales were down 11. 71% at Rs 436.75 crore during the quarter ended December 2020 against Rs 494.67 crore during the previous quarter ended December 2019.

DetailsQuarter endedDec. 2020Dec. 2019% Var.Sales436.75494.67 -12 % OPM12.3215.60 PBDT55.3778.78 -30 PBT43.1767.62 -36 NP28.7154.05 -47

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First published: Wed 10 February 2021. 18:20 IST

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