Conart Engineers standalone net profit declines 88.24% in the March 2020 quarter

Sales decline 16.44% to Rs 9.40 crore

Net profit of Conart Engineers declined 88.24% to Rs 0.06 crore in the quarter ended March 2020 as against Rs 0.51 crore during the previous quarter ended March 2019. Sales declined 16.44% to Rs 9.40 crore in the quarter ended March 2020 as against Rs 11.25 crore during the previous quarter ended March 2019.

For the full year,net profit declined 28.74% to Rs 1.19 crore in the year ended March 2020 as against Rs 1.67 crore during the previous year ended March 2019. Sales declined 18.72% to Rs 25.22 crore in the year ended March 2020 as against Rs 31.03 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales9.4011.25 -16 25.2231.03 -19 OPM %0.746.58 -5.597.44 - PBDT0.170.80 -79 2.072.76 -25 PBT0.040.68 -94 1.562.26 -31 NP0.060.51 -88 1.191.67 -29

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