IFB Industries consolidated net profit declines 72.85% in the March 2019 quarter

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Sales rise 20.33% to Rs 653.36 crore
Net profit of IFB Industries declined 72.85% to Rs 5.53 crore in the quarter ended March 2019 as against Rs 20.37 crore during the previous quarter ended March 2018. Sales rose 20.33% to Rs 653.36 crore in the quarter ended March 2019 as against Rs 542.99 crore during the previous quarter ended March 2018.For the full year,net profit declined 9.90% to Rs 72.95 crore in the year ended March 2019 as against Rs 80.97 crore during the previous year ended March 2018. Sales rose 19.76% to Rs 2659.15 crore in the year ended March 2019 as against Rs 2220.45 crore during the previous year ended March 2018.
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First Published: May 31 2019 | 9:07 AM IST