Arex Industries standalone net profit declines 28.43% in the March 2020 quarter

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Sales rise 2.94% to Rs 10.50 crore
Net profit of Arex Industries declined 28.43% to Rs 0.73 crore in the quarter ended March 2020 as against Rs 1.02 crore during the previous quarter ended March 2019. Sales rose 2.94% to Rs 10.50 crore in the quarter ended March 2020 as against Rs 10.20 crore during the previous quarter ended March 2019.For the full year,net profit declined 65.08% to Rs 0.88 crore in the year ended March 2020 as against Rs 2.52 crore during the previous year ended March 2019. Sales rose 15.84% to Rs 47.17 crore in the year ended March 2020 as against Rs 40.72 crore during the previous year ended March 2019.
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First Published: Jun 26 2020 | 6:01 PM IST