IVP standalone net profit declines 16.75% in the March 2019 quarter

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Sales decline 13.84% to Rs 75.67 crore
Net profit of IVP declined 16.75% to Rs 1.64 crore in the quarter ended March 2019 as against Rs 1.97 crore during the previous quarter ended March 2018. Sales declined 13.84% to Rs 75.67 crore in the quarter ended March 2019 as against Rs 87.83 crore during the previous quarter ended March 2018.For the full year,net profit declined 67.47% to Rs 3.38 crore in the year ended March 2019 as against Rs 10.39 crore during the previous year ended March 2018. Sales rose 18.44% to Rs 319.88 crore in the year ended March 2019 as against Rs 270.08 crore during the previous year ended March 2018.
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First Published: Jun 01 2019 | 5:55 PM IST