Cords Cable Industries standalone net profit rises 107.42% in the March 2020 quarter

Image
Capital Market
Last Updated : Jun 27 2020 | 2:50 PM IST

Sales decline 14.22% to Rs 97.41 crore

Net profit of Cords Cable Industries rose 107.42% to Rs 4.75 crore in the quarter ended March 2020 as against Rs 2.29 crore during the previous quarter ended March 2019. Sales declined 14.22% to Rs 97.41 crore in the quarter ended March 2020 as against Rs 113.56 crore during the previous quarter ended March 2019.

For the full year,net profit rose 45.17% to Rs 10.67 crore in the year ended March 2020 as against Rs 7.35 crore during the previous year ended March 2019. Sales rose 0.99% to Rs 420.89 crore in the year ended March 2020 as against Rs 416.75 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales97.41113.56 -14 420.89416.75 1 OPM %9.139.48 -9.879.40 - PBDT2.635.08 -48 17.4617.00 3 PBT1.033.62 -72 10.8511.33 -4 NP4.752.29 107 10.677.35 45

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: Jun 27 2020 | 2:32 PM IST

Next Story