Electrosteel Castings consolidated net profit declines 21.42% in the March 2020 quarter
Sales decline 6.68% to Rs 712.64 crore
Net profit of Electrosteel Castings declined 21.42% to Rs 37.76 crore in the quarter ended March 2020 as against Rs 48.05 crore during the previous quarter ended March 2019. Sales declined 6.68% to Rs 712.64 crore in the quarter ended March 2020 as against Rs 763.69 crore during the previous quarter ended March 2019.For the full year,net profit rose 321.98% to Rs 161.07 crore in the year ended March 2020 as against Rs 38.17 crore during the previous year ended March 2019. Sales rose 0.43% to Rs 2711.04 crore in the year ended March 2020 as against Rs 2699.44 crore during the previous year ended March 2019.
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