Geometric’s July-September quarter (second quarter) consolidated net profit declined by 15 percent at Rs 16.3 crore versus Rs 19.2 crore, Q-o-Q.
However, the company’s consolidated net sales were increased at Rs 279.7 crore versus Rs 269 crore, Q-o-Q.
According to Geometric, the second quarter PAT was down by Rs 7 crore on foreign arm reclassification and may not meet the revenue guidance, which was set at beginning of the year.
At 15:26 hrs Geometric was quoting at Rs 124, down Rs 7.90, or 5.99 percent.
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