Igarashi Motors India standalone net profit declines 69.39% in the March 2020 quarter

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Sales decline 16.92% to Rs 118.12 crore
Net profit of Igarashi Motors India declined 69.39% to Rs 2.17 crore in the quarter ended March 2020 as against Rs 7.09 crore during the previous quarter ended March 2019. Sales declined 16.92% to Rs 118.12 crore in the quarter ended March 2020 as against Rs 142.17 crore during the previous quarter ended March 2019.For the full year,net profit declined 47.90% to Rs 29.91 crore in the year ended March 2020 as against Rs 57.41 crore during the previous year ended March 2019. Sales declined 11.84% to Rs 534.39 crore in the year ended March 2020 as against Rs 606.16 crore during the previous year ended March 2019.
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First Published: Jun 04 2020 | 3:18 PM IST