GRM Overseas consolidated net profit rises 3540.68% in the March 2020 quarter

Image
Capital Market
Last Updated : Jul 28 2020 | 6:50 PM IST

Sales decline 56.76% to Rs 207.21 crore

Net profit of GRM Overseas rose 3540.68% to Rs 21.48 crore in the quarter ended March 2020 as against Rs 0.59 crore during the previous quarter ended March 2019. Sales declined 56.76% to Rs 207.21 crore in the quarter ended March 2020 as against Rs 479.22 crore during the previous quarter ended March 2019.

For the full year,net profit rose 249.50% to Rs 31.70 crore in the year ended March 2020 as against Rs 9.07 crore during the previous year ended March 2019. Sales declined 29.93% to Rs 777.15 crore in the year ended March 2020 as against Rs 1109.05 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales207.21479.22 -57 777.151109.05 -30 OPM %12.322.63 -6.133.12 - PBDT29.173.71 686 45.9620.09 129 PBT28.163.01 836 43.0517.93 140 NP21.480.59 3541 31.709.07 250

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: Jul 28 2020 | 6:24 PM IST

Next Story