Balmer Lawrie & Company standalone net profit declines 15.12% in the March 2020 quarter

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Sales decline 27.47% to Rs 344.16 crore
Net profit of Balmer Lawrie & Company declined 15.12% to Rs 74.93 crore in the quarter ended March 2020 as against Rs 88.28 crore during the previous quarter ended March 2019. Sales declined 27.47% to Rs 344.16 crore in the quarter ended March 2020 as against Rs 474.49 crore during the previous quarter ended March 2019.For the full year,net profit declined 6.01% to Rs 177.17 crore in the year ended March 2020 as against Rs 188.50 crore during the previous year ended March 2019. Sales declined 13.83% to Rs 1529.77 crore in the year ended March 2020 as against Rs 1775.20 crore during the previous year ended March 2019.
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First Published: Jun 25 2020 | 8:14 AM IST