Arihant Foundations & Housing reports standalone net profit of Rs 0.16 crore in the March 2020 quarter

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Sales decline 73.81% to Rs 1.21 crore
Net profit of Arihant Foundations & Housing reported to Rs 0.16 crore in the quarter ended March 2020 as against net loss of Rs 0.09 crore during the previous quarter ended March 2019. Sales declined 73.81% to Rs 1.21 crore in the quarter ended March 2020 as against Rs 4.62 crore during the previous quarter ended March 2019.For the full year,net profit rose 4.11% to Rs 1.52 crore in the year ended March 2020 as against Rs 1.46 crore during the previous year ended March 2019. Sales declined 73.76% to Rs 17.20 crore in the year ended March 2020 as against Rs 65.56 crore during the previous year ended March 2019.
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First Published: Aug 06 2020 | 11:39 AM IST