GNA Axles consolidated net profit declines 74.13% in the March 2020 quarter

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Sales decline 25.38% to Rs 180.72 crore
Net profit of GNA Axles declined 74.13% to Rs 4.63 crore in the quarter ended March 2020 as against Rs 17.90 crore during the previous quarter ended March 2019. Sales declined 25.38% to Rs 180.72 crore in the quarter ended March 2020 as against Rs 242.20 crore during the previous quarter ended March 2019.For the full year,net profit declined 19.91% to Rs 52.73 crore in the year ended March 2020 as against Rs 65.84 crore during the previous year ended March 2019. Sales declined 2.07% to Rs 909.02 crore in the year ended March 2020 as against Rs 928.28 crore during the previous year ended March 2019.
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First Published: May 19 2020 | 2:57 PM IST