Avantel standalone net profit rises 27.55% in the March 2020 quarter

Sales rise 49.79% to Rs 21.69 crore

Net profit of Avantel rose 27.55% to Rs 4.12 crore in the quarter ended March 2020 as against Rs 3.23 crore during the previous quarter ended March 2019. Sales rose 49.79% to Rs 21.69 crore in the quarter ended March 2020 as against Rs 14.48 crore during the previous quarter ended March 2019.

For the full year,net profit rose 12.20% to Rs 10.76 crore in the year ended March 2020 as against Rs 9.59 crore during the previous year ended March 2019. Sales rose 2.79% to Rs 51.92 crore in the year ended March 2020 as against Rs 50.51 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales21.6914.48 50 51.9250.51 3 OPM %27.0229.28 -29.6228.15 - PBDT5.764.56 26 15.7314.55 8 PBT4.744.02 18 13.0212.50 4 NP4.123.23 28 10.769.59 12

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