Gabriel India standalone net profit rises 53.70% in the March 2020 quarter

Sales decline 16.79% to Rs 424.64 crore

Net profit of Gabriel India rose 53.70% to Rs 26.59 crore in the quarter ended March 2020 as against Rs 17.30 crore during the previous quarter ended March 2019. Sales declined 16.79% to Rs 424.64 crore in the quarter ended March 2020 as against Rs 510.31 crore during the previous quarter ended March 2019.

For the full year,net profit declined 10.82% to Rs 84.71 crore in the year ended March 2020 as against Rs 94.99 crore during the previous year ended March 2019. Sales declined 9.94% to Rs 1869.96 crore in the year ended March 2020 as against Rs 2076.46 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales424.64510.31 -17 1869.962076.46 -10 OPM %7.796.72 -7.378.56 - PBDT35.1136.20 -3 143.92184.12 -22 PBT22.3425.74 -13 100.27143.06 -30 NP26.5917.30 54 84.7194.99 -11

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