CMI FPE standalone net profit declines 17.34% in the March 2020 quarter

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Sales decline 49.78% to Rs 61.83 crore
Net profit of CMI FPE declined 17.34% to Rs 4.53 crore in the quarter ended March 2020 as against Rs 5.48 crore during the previous quarter ended March 2019. Sales declined 49.78% to Rs 61.83 crore in the quarter ended March 2020 as against Rs 123.12 crore during the previous quarter ended March 2019.For the full year,net profit declined 32.34% to Rs 23.75 crore in the year ended March 2020 as against Rs 35.10 crore during the previous year ended March 2019. Sales declined 25.24% to Rs 371.00 crore in the year ended March 2020 as against Rs 496.24 crore during the previous year ended March 2019.
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First Published: Jun 26 2020 | 8:23 AM IST