HFCL consolidated net profit declines 90.77% in the March 2020 quarter

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Sales decline 45.44% to Rs 663.19 crore
Net profit of HFCL declined 90.77% to Rs 5.78 crore in the quarter ended March 2020 as against Rs 62.63 crore during the previous quarter ended March 2019. Sales declined 45.44% to Rs 663.19 crore in the quarter ended March 2020 as against Rs 1215.47 crore during the previous quarter ended March 2019.For the full year,net profit rose 3.34% to Rs 227.25 crore in the year ended March 2020 as against Rs 219.91 crore during the previous year ended March 2019. Sales declined 18.97% to Rs 3838.91 crore in the year ended March 2020 as against Rs 4737.79 crore during the previous year ended March 2019.
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First Published: Jun 05 2020 | 5:48 PM IST