Alok Industries consolidated net profit declines 70.18% in the March 2020 quarter

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Sales decline 7.66% to Rs 748.10 crore
Net profit of Alok Industries declined 70.18% to Rs 1790.86 crore in the quarter ended March 2020 as against Rs 6005.22 crore during the previous quarter ended March 2019. Sales declined 7.66% to Rs 748.10 crore in the quarter ended March 2020 as against Rs 810.15 crore during the previous quarter ended March 2019.For the full year,net profit declined 36.89% to Rs 1310.23 crore in the year ended March 2020 as against Rs 2076.16 crore during the previous year ended March 2019. Sales declined 0.70% to Rs 3328.78 crore in the year ended March 2020 as against Rs 3352.24 crore during the previous year ended March 2019.
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First Published: Aug 01 2020 | 7:48 AM IST