Ambalal Sarabhai Enterprises consolidated net profit rises 1003.42% in the March 2020 quarter

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Sales decline 13.89% to Rs 38.56 crore
Net profit of Ambalal Sarabhai Enterprises rose 1003.42% to Rs 12.91 crore in the quarter ended March 2020 as against Rs 1.17 crore during the previous quarter ended March 2019. Sales declined 13.89% to Rs 38.56 crore in the quarter ended March 2020 as against Rs 44.78 crore during the previous quarter ended March 2019.For the full year,net profit rose 230.82% to Rs 14.06 crore in the year ended March 2020 as against Rs 4.25 crore during the previous year ended March 2019. Sales declined 12.10% to Rs 133.50 crore in the year ended March 2020 as against Rs 151.88 crore during the previous year ended March 2019.
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First Published: Jul 23 2020 | 8:20 AM IST