Honda Siel Power Products standalone net profit declines 54.88% in the March 2020 quarter

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Sales decline 15.10% to Rs 195.67 crore
Net profit of Honda Siel Power Products declined 54.88% to Rs 4.85 crore in the quarter ended March 2020 as against Rs 10.75 crore during the previous quarter ended March 2019. Sales declined 15.10% to Rs 195.67 crore in the quarter ended March 2020 as against Rs 230.48 crore during the previous quarter ended March 2019.For the full year,net profit rose 22.84% to Rs 66.52 crore in the year ended March 2020 as against Rs 54.15 crore during the previous year ended March 2019. Sales rose 4.02% to Rs 848.64 crore in the year ended March 2020 as against Rs 815.88 crore during the previous year ended March 2019.
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First Published: Jun 23 2020 | 5:58 PM IST