Indian Wood Products Company standalone net profit declines 95.41% in the March 2020 quarter

Sales decline 10.37% to Rs 45.54 crore

Net profit of Indian Wood Products Company declined 95.41% to Rs 0.18 crore in the quarter ended March 2020 as against Rs 3.92 crore during the previous quarter ended March 2019. Sales declined 10.37% to Rs 45.54 crore in the quarter ended March 2020 as against Rs 50.81 crore during the previous quarter ended March 2019.

For the full year,net profit declined 57.46% to Rs 7.59 crore in the year ended March 2020 as against Rs 17.84 crore during the previous year ended March 2019. Sales declined 2.91% to Rs 194.66 crore in the year ended March 2020 as against Rs 200.50 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales45.5450.81 -10 194.66200.50 -3 OPM %5.5816.73 -10.5616.34 - PBDT0.997.10 -86 14.2728.93 -51 PBT0.816.05 -87 10.4825.63 -59 NP0.183.92 -95 7.5917.84 -57

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