Choice International consolidated net profit declines 53.55% in the March 2020 quarter

Image
Capital Market
Last Updated : Jul 01 2020 | 5:32 PM IST

Sales decline 9.06% to Rs 37.64 crore

Net profit of Choice International declined 53.55% to Rs 4.25 crore in the quarter ended March 2020 as against Rs 9.15 crore during the previous quarter ended March 2019. Sales declined 9.06% to Rs 37.64 crore in the quarter ended March 2020 as against Rs 41.39 crore during the previous quarter ended March 2019.

For the full year,net profit rose 111.04% to Rs 12.43 crore in the year ended March 2020 as against Rs 5.89 crore during the previous year ended March 2019. Sales rose 8.89% to Rs 126.96 crore in the year ended March 2020 as against Rs 116.60 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales37.6441.39 -9 126.96116.60 9 OPM %25.5046.22 -26.4326.64 - PBDT6.8816.61 -59 21.6615.43 40 PBT6.0515.71 -61 18.2012.26 48 NP4.259.15 -54 12.435.89 111

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 01 2020 | 5:12 PM IST

Next Story