Jindal Cotex consolidated net profit rises 95.61% in the March 2020 quarter

Image
Capital Market
Last Updated : Aug 03 2020 | 9:04 AM IST

Sales decline 50.55% to Rs 10.43 crore

Net profit of Jindal Cotex rose 95.61% to Rs 20.93 crore in the quarter ended March 2020 as against Rs 10.70 crore during the previous quarter ended March 2019. Sales declined 50.55% to Rs 10.43 crore in the quarter ended March 2020 as against Rs 21.09 crore during the previous quarter ended March 2019.

For the full year,net profit rose 25.19% to Rs 16.20 crore in the year ended March 2020 as against Rs 12.94 crore during the previous year ended March 2019. Sales declined 60.82% to Rs 32.87 crore in the year ended March 2020 as against Rs 83.90 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales10.4321.09 -51 32.8783.90 -61 OPM %-3.93-34.85 --2.314.47 - PBDT-0.19-0.96 80 -0.116.01 PL PBT-1.72-2.71 37 -6.24-0.20 -3020 NP20.9310.70 96 16.2012.94 25

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 03 2020 | 7:57 AM IST

Next Story