Globus Spirits standalone net profit rises 49.86% in the March 2020 quarter

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Sales decline 0.50% to Rs 269.54 crore
Net profit of Globus Spirits rose 49.86% to Rs 21.55 crore in the quarter ended March 2020 as against Rs 14.38 crore during the previous quarter ended March 2019. Sales declined 0.50% to Rs 269.54 crore in the quarter ended March 2020 as against Rs 270.89 crore during the previous quarter ended March 2019.For the full year,net profit rose 94.01% to Rs 59.31 crore in the year ended March 2020 as against Rs 30.57 crore during the previous year ended March 2019. Sales rose 18.16% to Rs 1163.04 crore in the year ended March 2020 as against Rs 984.32 crore during the previous year ended March 2019.
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First Published: Jun 17 2020 | 8:54 AM IST