HMT standalone net profit rises 48856.52% in the March 2020 quarter

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Sales rise 91.15% to Rs 11.01 crore
Net profit of HMT rose 48856.52% to Rs 225.20 crore in the quarter ended March 2020 as against Rs 0.46 crore during the previous quarter ended March 2019. Sales rose 91.15% to Rs 11.01 crore in the quarter ended March 2020 as against Rs 5.76 crore during the previous quarter ended March 2019.For the full year,net profit rose 1338.72% to Rs 248.18 crore in the year ended March 2020 as against Rs 17.25 crore during the previous year ended March 2019. Sales rose 33.27% to Rs 26.12 crore in the year ended March 2020 as against Rs 19.60 crore during the previous year ended March 2019.
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First Published: Jul 29 2020 | 2:48 PM IST