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    Wabco India Q3 profit drops 35% to Rs 39 crore

    Synopsis

    The company had posted net profit (after tax) of Rs 59.7 crore in the year-ago period.

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    The total income of the company during October-December period dropped to Rs 456.74 crore, over Rs 709.62 crore in the year-ago period, as per the filing.
    New Delhi: Auto component manufacturer Wabco India on Tuesday reported 35.3 per cent slump in net profit at Rs 38.6 crore for the quarter ended December 2019.

    The company had posted net profit (after tax) of Rs 59.7 crore in the year-ago period, Wabco India said in a filing to BSE.

    The total income of the company during October-December period dropped to Rs 456.74 crore, over Rs 709.62 crore in the year-ago period, as per the filing.

    The shares of Wabco India were trading at Rs 6,699 apiece on BSE, up 0.12 per cent from the previous close.



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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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